Postwar reparations led to hyperinflation and economic collapse in Germany.
depression - D Gutierrez (burley idaho)
During an economic depression threes a lack of economic activity that can last for several years.
The Great Depression refers to the economic downfall that took place before and during World War II. This was due to a severe lack of jobs and the crash of the stock market
During an economic depression threes a lack of economic activity that can last for several years.
The Great Depression really didn't impact immigrants to the US as a separate group, because immigration had been severly restricted after 1920.
Hoovervilles were makeshift communities of homeless people during the Great Depression named after President Herbert Hoover, who many blamed for the economic crisis. These shantytowns were a symbol of the widespread poverty and homelessness caused by the economic downturn.
Increased desire for trade contributed most to the economic expansion that took place during the Commercial Revolution.
Increased desire for trade contributed most to the economic expansion that took place during the Commercial Revolution.
It was in the 1930 during which there was a severe world wide economic depression.
President Hoover falsely claimed that Americans were protected from hunger and cold during the Great Depression, but they were not. On Black Thursday, he said the country's fundamental businesses of production and distribution were on sound footing while trying to check the beginning economic fall.
Many Americans blamed President Hoover for the Great Depression and believed he did not do enough to address the economic crisis. They perceived him as indifferent and out of touch with the suffering of the American people. This negative opinion towards Hoover contributed to his unpopularity during his presidency.
Few houses were built during the Great Depression.