https://padlet.com/ktorres41/7ikc7ai8xqfapilh Global Areas Effected by the Depression en-us 2022-04-28 16:43:59 UTC 2022-04-28 16:54:36 UTC hello@padlet.com ktorres41 https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162989068 Australia suffered badly during the period of the Great Depression of the 1930s. The Depression began with the Wall Street Crash of 1929 and rapidly spread worldwide. As in other nations, Australia suffered years of high unemployment, poverty, low profits, deflation, plunging incomes, and lost opportunities for economic growth and personal advancement.]]> 2022-04-28 16:52:30 UTC https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162989068 ivergara21 https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162989506 In October 1929, A record 16 million shares of stock were sold, then the market collapsed. 

]]> 2022-04-28 16:52:49 UTC https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162989506 ktorres41 https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162989579 In the United States, where the Depression was generally the worst, industrial production between 1929 and 1933 fell by nearly 47 percent, gross domestic product declined by 30 percent, and unemployment reached more than 20 percent. Because of banking panics, 20 percent of banks in existence in 1930 had failed by 1933.

]]> 2022-04-28 16:52:53 UTC https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162989579 avasquez341 https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162990768 In Germany the war and their defeat and debt made their currency lose their value.Heavy reparations and payments to the Allies.People had to get barrels full of money to get food.  

]]> 2022-04-28 16:53:41 UTC https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162990768 avasquez341 https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162991560  Brazil was hit hard by the great depression. Between 1929 and 1932, coffee exports fell 50%. Foreign investment in the country was reduced to zero. To keep coffee prices from falling even more, the government in 1931 ordered the dumping of thousands of coffee sacks into the ocean.

]]> 2022-04-28 16:54:13 UTC https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162991560 ivergara21 https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162992905 In Britain passed high protective tariffs, it increased taxes, and regulated the currency and it lowered interest rates to encourage industrial growth. ]]> 2022-04-28 16:54:36 UTC https://padlet.com/ktorres41/7ikc7ai8xqfapilh/wish/2162992905