Question

What factors caused the Great Depression to spread around the world? check all that apply

Answer 1

Some stability could be seen between 1924 and 1928. But that stability was short-lived because the industrial recovery in Germany was dependent on short-term loans. A large portion of those loans came from the USA. This support was withdrawn after the infamous Wall Street crash.

The Wall Street Exchange crashed in 1929 and people sold their shares in a mad spree. This was the beginning of the Great Depression. The effects of this recession in the US economy were felt all over the world.

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