Choose given statement is true

The stability of the years between 1924-1928 was built on quicksand in Germany.

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Detailed Solution

The above statement is True.
The stability of the years between 1924-1928 was built on quicksand in Germany. Short-term loans from the USA were the main source of German investment and industrial recovery. The crash of the Wall Street Exchange in 1929 resulted in the withdrawal of this support from the US. This made people sell their shares due to the fear of the price falling. This marked the start of the Great Economic Depression.

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