How were America and other countries affected by the Great Depression?

Question

I am doing a research on how the Great Depression affected countries and how the Great Depression contributed to the start of World War 11.

Answer 1

For one, there were massive unemployment and high inflation.

The Great Depression contributed to the start of WWII with the rise of Hitler and the Nazi Party. Hitler had promised to bring people jobs, which he did and unemployment was at zero percent. Since the U.S. and Western Europe was concentrating on how to deal with the Great Depression, they didn't pay a great deal of attention to Nazi Germany.

Answer 2

First, they might desire to have the motor vehicle agencies record financial disaster 11. which will kill the Union. may be non voided. The Union costs distinctive money, and that they get thank you to lots from the motor vehicle agencies. Then, enable the credit agencies supply credit Debt Forgiveness. They provided some days in the past. yet, those in Washington suggested No! Then, make the Banks decrease the loan expenses for no less than a 12 months. do no longer Tax companies for a constrained time. without company, we can go through with small agencies. supply small business enterprise a tax ruin additionally, for some 12 months. Have all States, Re evaluate the valuables Taxes. shrink them somewhat for greater or less 2 years. the two do a flat Tax or The undemanding Tax. do no longer boost Capital advantageous aspects, or death Taxes for 2 12 months minimum. Make a regulation for scientific insurance to bypass to a share, commencing with a kinfolk of four. 2 adults and 2 little ones. If one has greater young little ones, supply them a share interior of explanation for added. What some are not getting, is a few families merely save popping out the youngsters. they might desire to be in charge for that. exceedingly, get the unlawful's out of our u . s .. shield the Border. Do commerce with Columbia, and faze out commerce with China. some strategies for a initiate.

Answer 3

Though the Great Depression is usually seen as a bad thing (hence the word "depression"), it can also be seen as a good thing because America came together and worked through the problem.

Answer 4

The Great Depression was a worldwide economic crisis that affected many countries throughout the 1920s. The U.S., which did not begin to suffer economic recession until 1929, was a latecomer. World War I and subsequent turmoil across Europe and Asia were major contributors to the problem. Germany suffered from a crippling blockade into 1919 and was saddled with heavy reparation payments in the peace treaty. Britain and France were heavily in debt to U.S. banks, from which they borrowed to pay their war costs. Russia, which had traditionally produced a lot of wheat for the global market, was torn by civil war between the new Bolshevik communist goverment and "White" forces that opposed the social revolution.

The U.S., by contrast, was relatively unscathed by the war. Hence, the "Roaring 20s" were a boom time for the U.S. economy. The U.S. government tried to step in at times to relieve the economic situation in Europe by forebearing European debts and even helping Germany cope with its reparation payments (Dawes Plan). Nonetheless, Germany continued to spiral into deeper economic distress as its currency (Deutschmark) lost value and prices in German markets skyrocketed (wiping out savings and making the cost of living painfully high for average Germans).

After 1929, the global depression caught up with the U.S. Throughout the 1930s, most Americans favored a "isolationist" foreign policy and no longer wanted to be involved in the European situation. Germany's government after WWI (Weimar Republic) was ill-suited to cope with the economic crisis. Extremist parties like the fascist Nazis gained prominence and support by pledging to restore the German economy and regain control over key industrial territories lost at the end of WWI (Treaty of Versailles). While it is overly simplistic to say that the worldwide depression of the 1920s-1930s "caused" Hitler and WWII, it is fair to conclude that economic instability made it possible for the Nazis to come to power by playing on the hardships, fears, and resentment of ordinary Germans. By rapidly re-militarizing Germany, Hitler's new government boosted industrial production and reduced unemployment--reconciling ordinary Germans to Hitler's new order (which never actually won majority vote in a German election).