The Great Depression led to the rise of radical politics and the emergence of new forms of government intervention in the economy. Comment. (15 marks, 250 words)

Cause of Great depression:— USA leads to Allied power during WWI creating web of loans. Weaker economic condition of Germany—Inability to pay war reparation. Market slowdown due to high inflation. Poor socio-economic conditions all over world (Pattern of USA) Great depression — Rise of Radical politics. (1) Totalit [?] of Germany:— Treaty of Versailles => weak guilt clause adds on Germany along with Separatism of Industrial Region like SAAR, DANZIG leads low economic growth and impoverishment of German. New Forms of State Intervention in the Economy (1) Production of goods and services [not wholly] determined by market. Leads to State Support in Industrialization. (2) Planning by State. Investment in key industries. (3) Germany — in Iron and steel defence industries (4) Market Intervention:— Cap on external trade, Tax preferences (5) Regional Shift of Industries:— Russia shifting industries east of ural to easier From European disturbances. (6) Production For Superpower:— As low-IT progressed > defence production shifting From navy to airplane. US & British started exporting defence goods to support war efforts (5) Occupant/conquering related rich Region:— Japan invading Manchuria. Germany occupant of Ruhr. The Radical politics Fixed by Great depression in addition to appeasement policy of ten superpower lead to ww-II