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In 1931, Austria's largest bank failed. In Asia, both farmers and urban workers suffered as the value of exports fell by half between 1929 and 1931. As European and United States demand for such Latin American products as sugar, beef, and copper dropped, prices collapsed.

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Janet Torp

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1y ago
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Tanya Gaylord

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1y ago

In 1931, Austria's largest bank failed. In Asia, both farmers and urban workers suffered as the value of exports fell by half between 1929 and 1931. As European and United States demand for such Latin American products as sugar, beef, and copper dropped, prices collapsed.

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Dwight Jacobi

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1y ago

In 1931, Austria's largest bank failed. In Asia, both farmers and urban workers suffered as the value of exports fell by half between 1929 and 1931. As European and United States demand for such Latin American products as sugar, beef, and copper dropped, prices collapsed.

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Wiki User

10y ago

In 1931, Austria's largest bank failed. In Asia, both farmers and urban workers suffered as the value of exports fell by half between 1929 and 1931. As European and United States demand for such Latin American products as sugar, beef, and copper dropped, prices collapsed.

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Wiki User

6y ago

The American economy has never collapsed. It was in poor shape for years during the Great Depression, but did not collapse.

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Anonymous

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4y ago

because, the problems :)))))))))))))))))))))))))))))

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Q: What problem did the collapse of the American economy cause in other countries?
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