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During the Great Depression, some countries, such as the Soviet Union, experienced economic growth due to their state-controlled economy and focus on industrialization. Other nations, like Germany, also saw recovery and growth as they implemented aggressive government policies, including rearmament and infrastructure projects. In contrast, most Western nations faced severe economic downturns, with high unemployment and deflation. Overall, the experiences varied significantly depending on the specific policies and economic structures of each country.
What else can I help you with?
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
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.
Which countries had economic growth during the great depression?
soviet union
What countries had economic growth during the Great Depression?
The 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 happened in between the period of 1900 to 1945?
global economic growth slowed;trade policies changed;economic depression;rearmament for war.
What areas expierneced economic growth during the 1920s and 1930s?
Economic growth occurred because of the news sales of goods.
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
