2. How did the great depression emerge in Europe?
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Answer:The stock market crash of October 1929 led directly to the Great Depression in Europe. ... The effects of the disruption to the global system of financing, trade, and production and the subsequent meltdown of the American economy were soon felt throughout Europe.
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Explanation:
The Great Depression severely affected Central Europe.
The unemployment rate in Germany, Austria and Poland rose to 20% while output fell by 40%. ... Unemployment soared, especially in larger cities. Repayment of the war reparations due by Germany were suspended in 1932 following the Lausanne Conference of 1932.
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