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How Did The Great Depression Affect The Economy

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How Did The Great Depression Affect The Economy
In the United states, The Great Depression that commenced in1929 was much more extensive and longer lasting than any other nations in the world. The severity, the nature and the timing of different economic incidents varied considerably among nations. Africa, Asia, Australia and Europe and many more nations experienced The great Depression, but their response to economic catastrophe was distinct.
One of the outcome of the Great Depression was the collapse of International trade which fell thirty percent as the nations administered increased taxes on imported goods in order to support their industries. The change and adoption of new trade policies invariably led to an increase in the duration of this depression, while about thirty million people
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