History, asked by rajstormop4wi0j, 1 year ago

What were the impacts of great depression all over the world?

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Answered by farhansyeed1024
2
Great Depression, worldwide economic downturn that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomic policy, and economic theory. Although it originated in the United States, the Great Depression caused drastic declines in output, severe unemployment, and acutedeflation in almost every country of the world. Its social and cultural effects were no less staggering, especially in the United States, where the Great Depression represented the harshest adversity faced by Americans since the Civil War

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Answered by Anonymous
1
there are many effect in the global world.the european country were very damage in economics.
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