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Started from about 1929, in most of the countries, until late 1930s that period in which major economies of the world suffered is known as the Great Depression.

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12y ago
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11y ago

A part of it was that there were war debts from World War two that couldn't be paid off

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Q: What was the name given to the global economic collapse in the 1930s?
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Some of the economic effects of globalization are:-Development of a global common marketFreedom of exchange of goods and capital among different countriesInterconnectedness of these marketsThis also implies that economic collapse of any one given country could not be contained


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Related questions

What are some of the economic effects of globalization?

Some of the economic effects of globalization are:-Development of a global common marketFreedom of exchange of goods and capital among different countriesInterconnectedness of these marketsThis also implies that economic collapse of any one given country could not be contained


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