History, asked by gagansagar, 1 year ago

How did withdrawal of us loan after different countries the world ?

Answers

Answered by avantikasinha49
1
Europe: It led to the failure of some major banks and the collapse of currencies such as British pound sterling.

Latin America: Here it intensified the slump in agriculture and raw material prices.

US: US attempted to protect its economy in the depression by doubling import duties, also dealt with another severe blow to world trade.


Answered by parvathy14
0
Europe: It led to the failure of some major banks and the collapse of currencies such as British pound sterling.
Latin America: Here it intensified the slump in agriculture and raw material prices.
US: US attempted to protect its economy in the depression by doubling import duties, also dealt with another severe blow to world trade.

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