Argentina's Reaction To The Great Depression

The Unites States of America was booming with industrialization, rates of goods and supplies were higher than ever before. Consumers were spending by the hundreds and the investors were booming with sales. Nevertheless, whatever comes up, must come down. With the stock market crash of 1929, the United States of America faced their toughest economic blast ever. The middle class was no longer middle class. People were all along the streets waiting in soup kitchen lines, begging others to give them money or food, it was a horrific time. Countries from all around the world were also beginning to suffer. The Great Depression was a global phenomenon, unlike any other economic downfalls.

As the Great Depression in the U.S. expanded, there were many other consequences that were kicking off. One reaction to the Great Depression was Argentina and several other Central American countries. Argentina was a democratic country until about the 1930’s. A military coup occurred in Argentina and kept it in a period of dictatorship until the 1980’s. It had the largest economy in all of South America until The U.S. had their major downfall. When The Great Depression onset, Argentina’s demand for goods decreased, their value
In the 1930’s, Germany elected a new chancellor. His name was Adolph Hitler and he promised to rebuild Germany and it’s military. While Germany was getting back on their feet in order to have more power, Italy was getting even more powerful. Benito Mussolini was making his fascist remarks and came to great power. In Japan, the Japanese military took control of their entire government during the 1930s. Trying to assuage the Depression, Japan had it’s military conquer Manchuria and other places that were owned by China. This lead to lots of murders and to what is now known as the “Rape of