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Depression began as soon as World War II ended. - History

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Question

Depression began as soon as World War II ended.

Answer in Brief

Solution

  1. ‘Decolonisation’ is the process of ending colonial rule and handing over the political and administrative power to local people by the colonialists.
  2. Economic instability led to political instability in many parts of the world.
  3. Mobilizing the economy for world war finally cured the depression. Millions of men and women joined the armed forces, and even larger numbers went to work in well-paying defense jobs.
    Therefore, Depression began as soon as World War II ended.
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Chapter 8: World Wars and India - Explain the following statements

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SCERT Maharashtra History [English] 12 Standard HSC
Chapter 8 World Wars and India
Explain the following statements | Q 4. (B) (5)
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