The effect of the Great Depression was huge across the world. Not only did it lead to the New Deal in America but more significantly, it was a direct cause of the rise of extremism in Germany leading to World War II.
What caused the Great Depression was a combination of domestic and worldwide conditions. There is no agreed upon list of all its causes.
With the Stock Market crash and the fears of further economic woes, individuals from all classes stopped purchasing items. This then led to a reduction in the number of items produced and thus a reduction in the workforce. As people lost their jobs, they were unable to keep up with paying for items they had bought through installment plans and their items were repossessed. More and more inventory began to accumulate. The unemployment rate rose above 25% which meant, of course, even less spending to help alleviate the economic situation.
True
The collapse of the Soviet Union led to the economic crisis of 1991 in Cuba. This was due to the close ties between Cuba and the Soviet Union.
The economic collapse that came following World War 1 was in Germany. Having lost the war there was unrest and a lack of faith in the country as a whole which led to instability.
The stock market crashed in 1929 which was a cause of the Great Depression.
Big Government
soviet economic collapse
True
ityyuhilgcfh
Factors that led to the Renaissance such as ideological, cultural, economic, social and political.
Postwar reparations led to hyperinflation and economic collapse in Germany.
The collapse of the Soviet Union led to the economic crisis of 1991 in Cuba. This was due to the close ties between Cuba and the Soviet Union.
Economic imperialism in China led to war and political collapse, while formal colonialism in Africa led to oppression of native peoples.
Postwar reparations led to hyperinflation and economic collapse in Germany.
Factors that led to the Renaissance such as ideological, cultural, economic, social and political.
The effects of the great depression caused the Harlem Renaissance to collapse. The economic downturn led to the departure of Harlem's prominent writers.
The main causes of the Great Depression in 1929 were the stock market crash, overproduction, excessive speculation, and a decrease in consumer purchasing power. These factors led to a sharp decline in economic activity, widespread unemployment, and a severe contraction in industrial production.
true