It's not a completely accurate portrayal of a single true story. Rather, it takes inspiration from various real-life scenarios and weaves them into a fictional narrative.
Sure. It's based on a true story. The story draws from the situation in Sheffield where many men were out of work after the steel mills closed. They were desperate for money and to regain some self - respect. The concept of the male strip show was something that actually emerged from these real - life unemployed guys trying to make ends meet in a rather unconventional way.
The true story behind 'the full monty' is about these regular guys facing hardships due to job loss. They come up with this rather unorthodox idea of doing a strip show. It's not just about the stripping though. It delves into their relationships, their self - esteem which has been battered by being out of work, and how they try to regain a sense of purpose and pride in a difficult situation. They are trying to adapt to a world that has changed around them, where the steel industry that once supported them has crumbled.