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Discuss the Factors leading up to the Great Depression.
Discuss how the worldwide depression affected the lives of people in the United States and around the world.
Describe how the United States and other nations were able to climb out of severely depressed economies

Sagot :

Answer:

After the first world war, much of the countries suffered greatly. There were declines in consumer demand, there were financial panics, and the government was misguiding the people. The abandonment of the gold standard, which backed up American currency up with gold, was disabled, and it caused Americans financial confusion in terms of a new economic policy. Britain was forced out of the gold standard in 1931, but the United States wasn't out of it until 1933, so the faster you were out of the gold standard, the faster you economically recovered.

Explanation:

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