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Choose the statement as true/false:

The economic crisis after the First World War in Germany led to large-scale unemployment.

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a

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b

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answer is A.

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Detailed Solution

The above statement is true.
The economic crisis after the First World War in Germany led to large-scale unemployment. Before the great depression, Germany faced hyperinflation. During the depression, industrial production was reduced by 60% in 1930. It led to large-scale unemployment among the people. The unemployed people were ready to do any work. They slept on the street and looked at local employment in exchange for work. The workers lost their jobs as production declined. The condition of the unemployed was so bad that they paid to sleep on lines in winter.

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