In what way was Latin America impacted by the Great Depression?
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Great Depression in Latin America. The Great Depression which followed the US stock market crash of 1929 badly affected the countries of Latin America.
Chile, Peru, and Bolivia were, according to a League of Nations report, the countries worst-hit by the Great Depression.
Between 1929 and 1932, coffee exports fell 50%.
Jennyleah87:
I checked my notes and had the same answer you gave me. On my test it is not giving me that option. Thank you
A. Exports from Latin American countries increased.
B. US investment money was cut off, causing large economic downturns.
C. Latin America was insulated from the Great Depression because of little trade with the rest of the world.
D. US investment money increased due to new opportunities in Latin America.
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The Great India depression which followed the US Stock Market crash of 1929 badly affected the country Latin America .The rise of fascism also become Apparent in Latin America countries in the 1913 due to the Great Depression .
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