answersLogoWhite

0


Best Answer

After WWI, the US was a major creditor of Europe and other areas of the world. When the US banks and economy started to fail, the economies of Europe could no longer rely on the US for credit. This caused many European economies to falter as well.

User Avatar

Stanford Dibbert

Lvl 13
2y ago
This answer is:
User Avatar
More answers
User Avatar

Kayley Johns

Lvl 10
2y ago

After WWI, the US was a major creditor of Europe and other areas of the world. When the US banks and economy started to fail, the economies of Europe could no longer rely on the US for credit. This caused many European economies to falter as well.

This answer is:
User Avatar

User Avatar

Grace Brekke

Lvl 10
2y ago

rationed supplies

This answer is:
User Avatar

User Avatar

Wiki User

9y ago

After WWI, the US was a major creditor of Europe and other areas of the world. When the US banks and economy started to fail, the economies of Europe could no longer rely on the US for credit. This caused many European economies to falter as well.

This answer is:
User Avatar

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

User Avatar

Wiki User

10y ago

The United States had to curtail its loans to Europe.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

the united states had to curtail its loans to europe-novanet

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What was the main reason the great depression spread overseas?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Wher was the Great Depression?

Like the 2009 depression, it spread worldwide.


Getting out of the Great Depression?

Entering into World War 2 was the reason why we got out of the Great Depression.


Which factor contributed to the spread of the great depression oversea?

rationed supplies


Which diagram shows how tariffs contributed to the Great Depression?

Tariffs were raised. CAUSED manufacturers' sales overseas declined


What are the causes of The Great Depression in the US?

There are numerous reasons to why the Great Depression occurred in the United States. The main reason is because of the Stock Market Crash of 1929. There was also another reason. This reason included the numerous banking failures.


What happened to Contestant on Next Great Baker who died?

After returning from overseas, he suffered bouts of depression. After being eliminated, he shot himself.


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 Great Depression will end up being worse the Roosevelt Great Depression or the Obama Great Depression?

Well we are not in a depression with Obama the only reason the economy is like this is because of our 43 president Bush So Roosevelts depression ended up worse because they were actually in a depression. You can thank Bush for the economic troubles


What era followed the Great Depression?

The baby boom generation was born after the Great Depression. They were known as the hippies so I suppose the Hippy era. also world war 2 was straight afterwards and actually was the reason the great depression ended


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.


What demonstrated the increasing connectivity of world economies during the 20th century?

the international spread of the great depression


Did Wall Street stock market collapse of 1929 led to the Great Depression true or false?

True, it was a cause of the Great Depression.