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Q: How the recent Great Recession we experienced was like the Great Depression and how it was different.?
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In the recent recession the main affected countries are The U.S.A ,Europe, Japan and China and Asia as well.


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Countries such as Turkey, India, China, Qatar, Canada and Australia are seen to be least affected by the recent recession.


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What were the effects of the Great Depression on Asia?

The American Great Depression had a significant impact on the entire world, much as the recent recession had severe impact on the global economy. Asian's were arriving in the US via California in search of jobs and money. As the railroad finished and the Great Depression began, this hurt Asian immigrants who would send money back home. This also decreased imports overall in the US and Asia has always been a large exporter.


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