0
The Great Depression was a global depression. It mainly hit the US and Europe. The US was the largest economy and its Stock Market had crashed. This had world wide affects as economics is not only within one's borders. Europe and other parts of the world were also recovering from World War I, paying for the debts they'd acquired from the war. Also, because European countries controlled many colonies around the world, the Great Depression also hit many of these colonies.
What else can I help you with?
Why did some immigrants return to Mexico during the Great Depression?
Mexico did not experience the great depression as heavily as other countries.
Why did other countries get involved in the bombing of pearl harbor?
No other countries did.
Was the Great Depression only in the us?
The Great Depression caused financial ills in all the major economic countries. Major European banks went bankrupt, causing alarm in other foreign banks. Great Britain went off the gold standard. The Bank of England no longer redeemed its paper money in gold bullion or coin. Investors feared that all paper money would lose its value so they withdrew $1.5 billion in gold from American banks. This further weakened the global economic situation.
What describes the impact of the great depression?
Countries around the world collapsed. (Apex)
How did the depression affect Mexican?
Yes it did but not as much as other countries.
Why did some immigrants return to Mexico during the Great Depression?
Mexico did not experience the great depression as heavily as other countries.
How did the great depression have such huge impact on the economies of other countries?
The Great Depression has such a huge impact on the economies of other countries because the United states did business with other countries. Other countries lost money when they US could not buy their products, or provide or take out loans.
How did the great depression have such a huge impact on the economies of other country's?
The Great Depression has such a huge impact on the economies of other countries because the United states did business with other countries. Other countries lost money when they US could not buy their products, or provide or take out loans.
How did World War 1 lead to the Great Depression and World War 2?
It led to the Great Depression because the U.S. was in debt to other countries
How was Saudi Arabia effected by the great depression?
Saudi Arabia like other countries, was greatly effected by the Great Depression. Tourism plummeted in Saudi Arabia during the Great Depression and that brought less income into the economy.
Why did the Great Depression spread worldwide?
The Great Depression has such a huge impact on the economies of other countries because the United states did business with other countries. Other countries lost money when they US could not buy their products, or provide or take out loans.
What states had depression during the Great Depression?
Germany was in a really ad great depression because they had to pay reparations for WW1. They were already in debt but WW1 dropped them so bad. Germany was a country that was heavily injured and many countries were part of the great depression. France because lots of fighting took place and left them in an undesirable condition. Hoped i helped. all of the world was affected by the great depression. So... all of the States were affected... as well as Canada, Sweden and other countries
What other countries were experiencing severe economic depression?
severe wconomic depression
Do other countries suffer for major depression?
yes
Why did other countries get involved in the bombing of pearl harbor?
No other countries did.
Which countries were involved in the scramble for Africa World War I?
Europeans (APEX)
Did the Great Depression not damage any countries?
Yes it damaged many other countries and continents like Eupore, Asia, Africa, and Latin America. It also dropped the world birthrate.
