The Great Depression (jan 1, 1929 – jan 1, 1933)
Description:
Due to New Zealand heavy reliance to Britan as Britain was its only export when the countries market crashed Nz was impacted and saw unemployment rise sharply, exports decreased by 45 percent in two years and national income decreased by 40 percent in three years.Added to timeline:
Date:
jan 1, 1929
jan 1, 1933
~ 4 years