Question

the empact of economic depression explain in points .

Answer 1

1. There resulted reinforcement of economic nationalism as governments began to impose tariffs or increased the existing ones.
2.  It shook the Capitalism to its foundations.
3.  There was widespread unemployment.
4.  There was breakdown of gold standard.
5.  Various financial institutions mainly banks were closed down.
6.  It resulted in deflation, fallowed by unstable agricultural production.
7.  The social impact includes poverty, suicides etc.
8.   It resulted resentment of people which lead to changes of government in       various countries.