The Effects of the Great Depression - Conflict and Tension Flashcards

1
Q

how did the Wall Street Crash lead to the collapse of the economies around the world?

A

-> led to hyperinflation and unemployment rates increasing
-> the US recalled loans it had made to other countries such as Germany
-> without American money, the economies of these countries collapsed too
-> unemployment, homelessness and starvation spread around the world
-> people lost faith in their democratic governments

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2
Q

when was the Wall Street Crash?

A

October 1929

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