The Great Depression

Q. Recession in the market implies _____________.

1. a slump in trade and industry due to fall in demand
2. an increase in trade and industry due to rise in demand
3. no change in trade and industry due to stability in demand
4. None of these

Q. Identify the features of the welfare states from the following:

1. Ensuring employment opportunities
2. Food security
3. Healthcare
4. Accumulating weapons

Q. Which of the following statements is true about the economic crisis in Germany in 1923?

1. Prices of goods soared high
2. The value of Mark (German currency) collapsed
3. Weimer Republic brought economic prosperity
4. Both (A) and (B)