How did the rest of the world(other than U.S.A. and Europe)fare in the Great Depression I wonder?

Answer 1

Well, one must remember that it takes a somewhat advanced economy for a country to be fully affected by an economic panic. The overall effect of the Great Depression varied from country to country, depending on how income was affected and what the countries were capable of in terms of recovery efforts. It’s true, the basic response to the economic problems of the Great Depression was "Keynes-style" government spending, it can be argued however, that there was a right way and a wrong way to do it.

Democracy in South America, what of it existed at the time, ceased almost totally as an early response.

Australia was actually hit very hard, which is often overlooked with the USA’s struggles and the rise of dictatorships in Europe and South America. But after the crash unemployment in Australia more than doubled to 21% in mid-1930, and reached its peak in mid-1932 when almost 32% of Australians were out of work. The Great Depression's impact on Australian society was devastating. Without available jobs and the ability to provide a steady income, many people lost their homes and were forced to live in ramshackle housing with poor heating and poor sanitation.

Answer 2

Australians had a pretty hard time of it I can tell you that being from Australia. The rest of the world had horrible time during the Great Depression.

Answer 3

The rest of the world was really bad, and often worse than USA. I remember seeing a picture of Germans walking around with shopping carts filled with cash, because their money was so worthless and inflation was so high. This in part led to the events of the second world war.