The great depression (1 ago 1929 ano – 1 mar 1933 ano)
Descrição:
After the Wall street crash Australia’s economy like many other countries had a great economic struggle. This led to Australia borrowed numerus amounts of large cash to try and keep Australia going. This saw unemployment rise by 32%. Although Australia did recover it took a decade to rebuild the Australian economy and get it back to what it was before the great depression. Australia learnt about the economy and in a way the great depression helped Australia and led us to create a stronger and greater economy.
Adicionado na linha do tempo:
Data:
1 ago 1929 ano
1 mar 1933 ano
~ 3 years and 7 months