1/30/2014

Great depression and the world

  • Britain economy was hurting 
  • public spending was cut
  • pound (British Money) was devalued by 25%
  • great Britain was defiantly better off then us

  • Germany was effected especially by the treaty of Versailles
  • Smoot-Hawley tariff act in the united states in 1930
  • damages were bad
  • trade was cut considerably which hurt many countries
  • already in depression which did not help at all
  • this is how Hittler got elected and then he brought along the Nazis 
  • Germany was probably hit the hardest because of what they had to deal with in the first place
  • got his job from being in prision he was appointed handler and then leader

  • Russia became a communist economy 
  • so they were better off then most countries but they have equality but equality in poverty
  • any who fought back died

  • Japan was hit hard because they suddenly could not get supplies and imports
  • pearl harbor was to try to get us to trade with them
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