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Depression can be caused by famine, plagues, governments failing, war, world economic depression, genocide, bank failure and trade failure.

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"During 1931, world trade and Europe's credit structure collapsed, deepening economic depressions in Austria, Germany and Scandinavia. Europeans began withdrawing loans and gold and other investments from the United States, adding to the decline in the United States." (Macrohistory and World Report) Credit for US loans was no longer available.

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Q: What were some of the causes of the Depression in countries other than the US?
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