The Great Depression in Europe

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How did the Great Depression spread to Europe?

Through trade connections and financial networks that linked European economies with the U.S.

Which European country was most affected by the Great Depression?

Germany was severely impacted due to its reliance on American loans.

What political consequences did the Great Depression have in Europe?

It led to the rise of extremist political movements, such as fascism and communism.

Which economic strategy did Britain use to combat the Great Depression?

Britain abandoned the gold standard to boost its economy.

How did the French economy react to the Great Depression?

France experienced a delayed impact due to its less industrialized economy but eventually faced deflation and unemployment.

What was the impact of the Great Depression on the Weimar Republic?

It led to political instability and the rise of the Nazi Party in Germany.

What was the policy of 'autarky' some European countries pursued?

An economic policy of self-sufficiency, reducing reliance on foreign trade.

How did the Great Depression affect European currencies?

Many countries experienced currency devaluation to stabilize their economies.

What was the significance of the 1933 London Economic Conference for Europe?

It was an effort to coordinate international economic policy but failed due to differing national interests.

How did the Scandinavian countries respond to the Depression?

They used social welfare policies and cooperation to mitigate its impact.

What was the approach of the French Popular Front government to address the Depression?

Implemented social and economic reforms to combat unemployment and economic stagnation.

Which European country was the first to recover from the Great Depression?

Sweden, due to its effective social welfare systems and economic policy.

What was one consequence of the Great Depression in Italy?

It fortified Mussolini's fascist regime as Italians sought stability.

Why did some European countries re-establish protectionist policies during the Depression?

To protect domestic industries and jobs from foreign competition.

What was the impact of deflation on European economies during the Depression?

Deflation increased the real value of debt, harming businesses and consumers.