Social Sciences, asked by janamuthyalu2766, 7 months ago

explain the impact of economic depression on various countries of the
world​

Answers

Answered by bittumogatalareddy
7

Answer:

The Great Depression had devastating effects in both rich and poor countries. Personal income, tax revenue, profits and prices dropped, while international trade fell by more than 50%. Unemployment in the U.S. rose to 23% and in some countries rose as high as 33%.

Answered by Mystic008
1

Explanation:

The Great Depression had devastating effects in both rich and poor countries. Personal income, tax revenue, profits and prices dropped, while international trade fell by more than 50%. Unemployment in the U.S. rose to 23% and in some countries rose as high as 33%.

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