What were the causes of great depression in Britain
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In Britain, the impact was enormous and led some to refer to this dire economic time as the 'devil's decade'. This economic depression occurred as a direct result of the impact of a stock market crash on Wall Street in October 1929.
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The north was hit so hard in the Great Depression because of the structural decline in British industry.
The Depression caused a collapse in demand for ships. Between 1929 and 1932 ship production declined by 90%, and this in turn affected all the supply industries such as steel and coal
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