The Great Depression (6 St. 49 Min, 24 Okt 1929 Jahr – 9 St. 22 Min, 31 Dez 1941 Jahr)
Beschreibung:
Loans to Europe end, so there’s increase in unemployment, international trade collapses, industry shrinks and people have less to spend.Economic Nationalism: Countries try to protect national industries from foreign competition.
USA: Franklin Roosevelt introduced several policies to tackle unemployment.
France: Initially greater economic self-sufficiency protected France but when Germany stopped paying, government income fell, which caused political instability.
Britain: 1939 mobilizes for war, giving boost to the economy.
Zugefügt zum Band der Zeit:
Datum:
6 St. 49 Min, 24 Okt 1929 Jahr
9 St. 22 Min, 31 Dez 1941 Jahr
~ 12 years
