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What countries had economic growth during the Great Depression?
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∙ 10y ago
Beryl Cassin
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∙ 10y agoAdd your answer:
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The new globalizers are countries that are what?
enjoying increased international trade and rapid economic growth
What characterize the time period from 1900 to 1945?
People around the globe were now linked into an emerging global system economically, politically, and culturally. A.K.A global economic growth accelerated Within this system, some countries and groups accumulated great wealth and power, while others fell into economic and political decline. A.K.A economic depression TG
Which country was least affected by the Great Depression?
Korea and russia where examples of this, in fact russia had economic growth! the soviet union
What was a common trait of people during the Depression?
People during the Depression had seen the Wall Street Crash. They were queueing in bread lines, penny-pinching and cursing Hoover for the boom that had now burst. The consumer bubble that had caused huge economic growth had now come to its end and the Depression signalled the beginning of the 'forgotten man'. The man who was homeless, starving and calling on the government to put an end to the misery and provide answers, jobs and benefits.
Forecasts of economic growth have consistently?
over estimated econimic growth from 1996 to 1999
Which countries had economic growth during the great depression?
soviet union
Economic growth is the aspiration of all developing countries Discuss whether it is always better to have economic growth in all economy?
I think economic growth is an aspiration in an developing countries I think economic growth is an aspiration in an developing countries
What explains how economic growth during World War 2 helped end the Great Depression?
Jobs gave people money to spend
Why would a government choose to spend more money than it collects in taxes during a recession or a depression?
Spending increases demand and can encourage economic growth.
What is the term for economic growth after a depression or recession?
Nothing. There is no such thing. Probably a war will ensue.
What is a economic crisis?
Economic crisis is wherein there is negative GDP growth lasting for two or more quarters. It is severe recession or depression.
How do countries know if their economic systems are working?
If a countries economy, growth, and employment are strong they have a good indication that their economic systems are working.
If the Asian countries faces decline in economic growth how will their currencies values be affected relative to the us dollar?
if Asian countries faces decline in economic growth then the value of dollar will appreciates with these currencies
What areas expierneced economic growth during the 1920s and 1930s?
Economic growth occurred because of the news sales of goods.
What happened in between the period of 1900 to 1945?
global economic growth slowed;trade policies changed;economic depression;rearmament for war.
What is east Asian miracle?
The East Asian miracle refers to the rapid economic growth and development experienced by several East Asian countries, including Japan, South Korea, Taiwan, and Singapore, in the latter half of the 20th century. This growth was characterized by high levels of GDP growth, industrialization, export-led growth, and improvements in living standards within a relatively short period of time. Despite differences in approaches and political systems, these countries shared common factors such as a focus on education, investment in infrastructure, export-oriented policies, and strong government intervention in the economy.
Is economic growth more harm than good?
No. Without economic growth the economy of a country will stagnate. If this happens then jobs and sales will be lost which will add to the depression. However it should be regulated in a sustainable manner
