How was the United States economically impacted by the Great Depression?
The U.S. saw massive unemployment, bank failures, industrial decline, and severe poverty, with GDP falling nearly 30% from 1929 to 1933.
What happened to the German economy during the Great Depression?
Germany faced mass unemployment, political instability, and a collapse in industrial production, leading to the rise of extremist political movements.
How did the Great Depression affect the UK economy?
The UK suffered from high unemployment, particularly in industrial regions, with slow recovery due to deflationary policies and global trade decline.
What were the effects on France during the Great Depression?
France experienced delayed economic effects, with a peak in unemployment and decreased industrial output by the mid-1930s due to a more conservative economic approach.
How did the Great Depression influence Japan's economic policies?
Japan shifted its focus toward militarization and economic expansion in Asia as domestic industries struggled, leading to increased aggression in the region.
What was the impact on the Soviet Union during the Depression?
The Soviet Union was largely insulated from the global impacts due to its isolationist policies and command economy focusing on industrialization rather than market trade.
Did any countries benefit during the Great Depression?
Some smaller economies that were less integrated into global markets experienced milder downturns, while the USSR used the period to bolster industrialization efforts indirectly benefiting from Western focus inward.
How did the Great Depression alter global political landscapes?
Rising unemployment and economic hardship fueled political extremism and the rise of totalitarian regimes in some countries, changing global alliances and tensions.
What effect did the Great Depression have on Latin American economies?
Latin American countries faced collapsing export revenues and economic contractions, prompting shifts toward industrialization and economic diversification.
How did Canada respond to the Great Depression?
Canada saw unemployment rise sharply, with economic recovery delayed due to reliance on exports, prompting political debate about federal intervention and economic policy.