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Specifically, this varies by country, but in general, 1929-1933 was a period of economic collapse where the world levels of GNP fell between 10-70% in most places in the world. The collapse was worst for regions dependent on staple production and trade or who depended on investment from the U.S.

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13y ago
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9y ago

Before, it was agriculturally based. Afterwards, it was industrially based.

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Q: What happened to the Gross National Product between 1929 and 1933?
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