The Great Depression in Europe

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How did the Great Depression spread to Europe?
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Through trade connections and financial networks that linked European economies with the U.S.
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Which European country was most affected by the Great Depression?
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Germany was severely impacted due to its reliance on American loans.
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What political consequences did the Great Depression have in Europe?
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It led to the rise of extremist political movements, such as fascism and communism.
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Which economic strategy did Britain use to combat the Great Depression?
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Britain abandoned the gold standard to boost its economy.
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How did the French economy react to the Great Depression?
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France experienced a delayed impact due to its less industrialized economy but eventually faced deflation and unemployment.
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What was the impact of the Great Depression on the Weimar Republic?
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It led to political instability and the rise of the Nazi Party in Germany.
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What was the policy of 'autarky' some European countries pursued?
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An economic policy of self-sufficiency, reducing reliance on foreign trade.
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How did the Great Depression affect European currencies?
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Many countries experienced currency devaluation to stabilize their economies.
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What was the significance of the 1933 London Economic Conference for Europe?
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It was an effort to coordinate international economic policy but failed due to differing national interests.
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How did the Scandinavian countries respond to the Depression?
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They used social welfare policies and cooperation to mitigate its impact.
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What was the approach of the French Popular Front government to address the Depression?
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Implemented social and economic reforms to combat unemployment and economic stagnation.
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Which European country was the first to recover from the Great Depression?
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Sweden, due to its effective social welfare systems and economic policy.
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What was one consequence of the Great Depression in Italy?
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It fortified Mussolini's fascist regime as Italians sought stability.
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Why did some European countries re-establish protectionist policies during the Depression?
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To protect domestic industries and jobs from foreign competition.
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What was the impact of deflation on European economies during the Depression?
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Deflation increased the real value of debt, harming businesses and consumers.
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