Outbreak of WW2 and impact of the depression around the world Flashcards

1
Q

What happened to America when the war began?

A

The American economy shifted into full-scale war production, it emerged as a primary supplier of arms and ammunition for the allied forces.

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2
Q

How did WW2 help the American economy?

A

The wartime demand for goods and services resulted in a comeback of full employment and improved wages. The increased production also strengthened the nation’s military capabilities.

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3
Q

What did the depression disrupt internationally?

A

It disrupted international trade due to a decline in export demand.

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4
Q

What happened to countries heavily reliant on the export of agricultural goods?

A

They faced severe economic consequences.

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5
Q

What else did the depression spark globally?

A

It sparked political unrest and significant changes.

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6
Q

What role did the depression play in the German and Japanese governments?

A

It led to the rise of totalitarian governments. These political shifts had profound consequences for the geopolitical landscape and set the stage for significant global events for years to come.

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