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What did the Hawley Smoot Tariff help spread the depression overseas?
Wiki User
∙ 7y ago
the hawley-smoot tariff caused other countries to retaliate, so markets for American goods dried up
Bret Cummings
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Wher was the Great Depression?
Like the 2009 depression, it spread worldwide.
Which factor contributed to the spread of the great depression oversea?
rationed supplies
What was one reason depression spread overseas?
Actually the Great Depression began in Germany shortly after the end of World War 1 largely as a result of the demanding and oppressive amounts of reparations required by the Treaty of Versaille. The economy of Germany collapsed and inflation rates exploded out of control, destroying personal savings. As much of the reparations were paid with highly inflated and effectively worthless currency, they dragged down the economies of the countries receiving them. The tightly coupled world trade network allowed the depression in Germany to gradually spread through all other European countries and eventually hitting the United States in 1929 (roughly a decade after it began originally in Germany). The only country totally unaffected by the Great Depression was the communist USSR. Many interpreted this as proof that communism was a more successful economic/government system than capitalism/democracy. However the actual reasons that the USSR was unaffected by the Great Depression were that it had been in a depression since the end of the Bolshevik revolution and Stalin had ordered the USSR to cut off all international trade in the middle 1920s, isolating the USSR from the economic collapse.
Which factor contributed to the spread of the great drepressions overseas?
The closure of American banks meant foreign countries could not borrow money.
Was there a Great Depression in Sweden?
Of course, the depression which started in 1929 in the United States spread to nations all over the world, including Sweden. Sweden having recovered in 1934 was however the first nation to fully recover from the Great Depression.
How did the hawley Smoot tariff helped spread the depression overseas?
the hawley-smoot tariff caused other countries to retaliate, so markets for American goods dried up
Can depression be spread genetically?
Yes depression can be genetically spread!
Can depression spread?
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Wher was the Great Depression?
Like the 2009 depression, it spread worldwide.
Has the Swine Flu spread overseas?
Yes, during the 2009 H1N1/09 swine flu pandemic it spread to every country in the world.
Which factor contributed to the spread of the great depression oversea?
rationed supplies
What was one reason depression spread overseas?
Actually the Great Depression began in Germany shortly after the end of World War 1 largely as a result of the demanding and oppressive amounts of reparations required by the Treaty of Versaille. The economy of Germany collapsed and inflation rates exploded out of control, destroying personal savings. As much of the reparations were paid with highly inflated and effectively worthless currency, they dragged down the economies of the countries receiving them. The tightly coupled world trade network allowed the depression in Germany to gradually spread through all other European countries and eventually hitting the United States in 1929 (roughly a decade after it began originally in Germany). The only country totally unaffected by the Great Depression was the communist USSR. Many interpreted this as proof that communism was a more successful economic/government system than capitalism/democracy. However the actual reasons that the USSR was unaffected by the Great Depression were that it had been in a depression since the end of the Bolshevik revolution and Stalin had ordered the USSR to cut off all international trade in the middle 1920s, isolating the USSR from the economic collapse.
How did the great depression spread?
The Great Depression originated in the United States, starting with the stock market crash of October 29, 1929 but quickly spread to almost every country in the world. The Great Depression had devastating effects in virtually every country, rich and poor.
Which factor contributed to the spread of the great drepressions overseas?
The closure of American banks meant foreign countries could not borrow money.
What demonstrated the increasing connectivity of world economies during the 20th century?
the international spread of the great depression
How did American opinions on overseas expansion begin to change in the 1800s?
because people belive it was American's destiny to spread civilization over seas.
Was there a Great Depression in Sweden?
Of course, the depression which started in 1929 in the United States spread to nations all over the world, including Sweden. Sweden having recovered in 1934 was however the first nation to fully recover from the Great Depression.
