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New Zealand was hit pretty hard by the depression as its main source of income was in wool and meat and its main buyer was the U.S. In three years NZ national income dropped 40%!! This was the average income drop for most countries. Unemployment was a major issue as companies had to close down and then all the workers had nowhere to work. The unemployment rate was 30%!! That's 3 in every 10 people (not including children under 18 or Māori women) without a job.
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What happened first the New Deal or the Great Depression?
The Great Depression occurred before the New Deal.
Why did people lose their jobs in the great depression in 1920 in New Zealand?
buisnesses couldn' t make good paychecks buisnesses couldn' t make good paychecks
How did Franklin D. Roosevelt get the U.S out of the Great Depression?
Franklin Roosevelt did not get the US out of the great depression he streached out the depression and made it worse. We may be in for a very long depression if Obama tries to do the same things that Roosevelt did. Look how long the Roosevelt depression lasted.
The new deal did not end the Great Depression?
False
How did automation cause the Great Depression?
What did the Great Depression effect? What was the effect of the Great Depression?
What is the cost of goods and services in New Zealand during the great depression?
New Zealand suffered during the Great Depression because the New Zealand economy relies largely on exports. During the depression there was no demand for any of the products we have to export, and therefore there was no circulation of money.
When did the great depressionstart?
In New Zealand, the Great Depression began in 1929, and deepened significantly in 1932. It lasted until the late 30s, when WW2 started, and the work required for that relieved the depression.
Can money in New Zealand easily can be changed?
New Zealand is an internationally accepted currency and can be changed at most banks and bereaus around the world.
What happened first the New Deal or the Great Depression?
The Great Depression occurred before the New Deal.
What was happening in new zealand when World War 2 began?
New Zealand was just emerging from the 1930s Depression, which affected all the world.
Has john key changed New Zealand?
Yes.
When was The Great New Zealand Spelling Bee created?
The Great New Zealand Spelling Bee was created in 2006.
Why is new zealand called the land of the great white cloud?
why is new zealand called the great white cloud
What is the duration of The Great New Zealand Spelling Bee?
The duration of The Great New Zealand Spelling Bee is 3600.0 seconds.
What is a Caldera and give an example of one found in New Zealand?
A caldera is a depression in the earth that was the site of a volcanic eruption. A caldera in New Zealand is Lake Rotorua.
Which country was settled last great Britain and new zealand or Madagascar?
New Zealand you 5th grade players lol
What has changed abut New Zealand money?
A good history of money in New Zealand can be found in the rbnz.govt.nz, website of the Reserve Bank.
