Answer this question…Increasing taxes on imported goods and cutting government spending
Answer this question…Increasing taxes on imported goods and cutting government spending
theres a depression in europe?
Following the Great War (WWI), all countries involved in the war (therefore most all of Europe) except the Soviet Union, experienced depressions very similar to the Great Depression in the U.S. (which only worsened conditions as the U.S. was inable to help the European nations).
After World War I, global economic conditions affected Europe profoundly. In the late 1920s and 1930s, in particular, the economic depression affected western nations such as France and Great Britain so severely that their military budgets were drastically reduced. In Germany, the same depression worsened already harsh conditions, thereby paving the way for the Nazi Party to attain power.
The Great Depression in the United States was part of a world wide depression in the developed nations of Europe. The "response" from Europe was to find ways to end the problem.
The immigration policies of host countries hindered refugees from leaving Europe before World War II. These policies included immigration quotas and special requirements the must be met before entry.
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By 1939 the economy was on an upswing and by 1940, after war had begun in Europe, the Great Depression was history.
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qwertyuiop
The U.S was weak.