Great Depression (11 dic 1929 año – 1 sept 1939 año)
Descripción:
Britain responds in a democratic way
- lower interest rates ---> encourage new industrial growth
- rejected radicals & communists
Latin America
- trade barriers increased
- trade collapsed because of reliance on exports
- economic crises led to dictators/authoritarian regimes (Chile, Venezuela, Argentina, etc.)
Añadido al timeline:
fecha:
11 dic 1929 año
1 sept 1939 año
~ 9 years and 8 months