it affected it by people not having money to support there family
When trade goes down
The act brought retaliatory tariff acts from foreign countries, U.S. foreign trade suffered a sharp decline, and the depression (etc...)
The Great Depression faced three major setbacks: widespread unemployment, which peaked at around 25%, leading to severe financial hardship for millions; a collapse in the banking system, resulting in the loss of savings and further contraction of credit; and a dramatic decline in global trade, exacerbated by protectionist policies like the Smoot-Hawley Tariff, which deepened economic stagnation worldwide. These factors combined to prolong the economic crisis and hinder recovery efforts throughout the 1930s.
German East Africa
There were several reasons for the decline of agriculture and trade in the fourth century. One major factor was the economic instability caused by the decline of the Roman Empire and the subsequent invasions and political turmoil. Additionally, climate changes, such as the cooling trend known as the "Little Ice Age," negatively impacted agricultural productivity. Trade routes were also disrupted by the invasions and the collapse of Roman infrastructure, leading to a decline in long-distance trade.
When trade goes down
Trade grossed $1,513,388 worldwide.
The act brought retaliatory tariff acts from foreign countries, U.S. foreign trade suffered a sharp decline, and the depression (etc...)
Click on the person you want to trade with and then invite them to trade. If they decline try again, if they decline again give up and leave.
Hello! The Great Depression was a severe worldwide economic depression during World War 2. It affected the stock trade greatly and many families became broke. It was the longest and worst depression in the U.s. during the in the 20th century. The Great Depression lasted from 1929 until the late 1930's or early 1940's. Thanks! ~Thunderfin~
World Trade Center grossed $163,295,654 worldwide.
The worldwide collapse in trade during the 1930s was primarily caused by the Great Depression, which began with the stock market crash in 1929. Economic instability led to a severe contraction in consumer demand, prompting countries to adopt protectionist measures such as tariffs and quotas to shield their domestic industries. This resulted in a significant decline in international trade, as nations turned inward and reduced imports and exports, exacerbating the global economic crisis. Additionally, currency devaluations and competitive devaluations further hindered trade relations.
Drought and a decline in trade
Why did long-distance trade decline in China between the fourth and sixth centuries?
The Great Depression faced three major setbacks: widespread unemployment, which peaked at around 25%, leading to severe financial hardship for millions; a collapse in the banking system, resulting in the loss of savings and further contraction of credit; and a dramatic decline in global trade, exacerbated by protectionist policies like the Smoot-Hawley Tariff, which deepened economic stagnation worldwide. These factors combined to prolong the economic crisis and hinder recovery efforts throughout the 1930s.
German East Africa
trade competition