1.

What are the economic crisis of 1923 in germany?

Answer»

1.The German economic was the worst hit by the economic crisis.By 1932,industrial PRODUCTION was reduced to 40 percent of the 1929 level.
2.Workers lost their JOBS or were paid reduced wages.
3.The no. of unemployed TOUCHED an unprecedented 6 million.
4.Unemployed youths played cards or simply sat at street CORNERS or desperately queued up at the local employment exchange.
5.As jobs disappeared,the youths took to CRIMINAL activities and total despair became common place.


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