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How did the depression in the world economy affected Canada so much?
Wiki User
∙ 11y ago
Its main trading partner has always been the USA
Wiki User
∙ 11y ago
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Why did Canada not go into depression after World War 2?
Not sure why Canada would have fallen into a depression after the war when it was that very war that pulled the world (particularly the US) out of the depression. Canada's economy and the U.S. economy have always been tightly linked so when the U.S. was suffering under the depression in the 1930s, Canada's economy suffered as well. When the war pulled the U.S. out of the depression, its largest trading partner, Canada, flourished along with it.
What is one way that the great depression affected the world economy?
American banks demanded repayment of foreign loans
Who was affected by the great depression-?
The Great Depression affected many people all over the world.
How did Stalin get Russia out of depression?
The USSR was one of the least affected countries in the world by the depression, but what little effects they did feel were cancelled out by military expansion and the Five Years Plan, which created a lot jobs and excelled their economy.
What brought the us economy out of the great depression what brought the u.s. economy out of the great depression?
Mainly, it was World War II.
What rose dramatically in the early 1920s?
The general cost of living rose dramatically in the early 1920's. This is what was known as the Great Depression which affected the economy of the world.
Why did the us depression lead to world depression?
Yup, since the american economy was so big and important in the world.
How was the world's economy affected after World War 2?
badly
When was the last time the economy was as bad as it is now?
The last time the economy was this bad was when the world was in the Great Depression, right after World War II
How did affect the Great Depression affect the world economy?
the factory where close but the men that work on the job fail to complete the economy
What states had depression during the Great Depression?
Germany was in a really ad great depression because they had to pay reparations for WW1. They were already in debt but WW1 dropped them so bad. Germany was a country that was heavily injured and many countries were part of the great depression. France because lots of fighting took place and left them in an undesirable condition. Hoped i helped. all of the world was affected by the great depression. So... all of the States were affected... as well as Canada, Sweden and other countries
What were the background causes of World War 2?
The economy is one of them because they were coming out if the depression.
