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What impact did the Great Depression have on international relations in the 1930s?

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  • Essay length: 1007 words
  • Submitted: 12/08/2003
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GCSE USA 1919-1941

The first 200 words of this essay...

What impact did the Great Depression have on international relations in the 1930s?

Introduction

In the early 1920s the Great Depression hit. The chaos caused by the First World War was the main reason for the Great Depression. The USA had lent large amounts of money to other countries to help with their damages from the war. The loans that the USA made helped the countries to recover trade. Many countries tried to protect their industries by putting taxes on imports. In 1930 USA the biggest trading nation in the world also raised their taxes. This made the world trade suffer badly as it made it difficult to sell goods to America.

World trade was already very difficult so when the Wall Street Crash hit there was a worldwide economic slump. The American stock market was centered on Wall Street in New York. American banks wanted all the money lent out repaid back to them. Banks and factories closed and soon all the countries had loss of imports and exports.

The Depression.

Germany was affected the most by the Great Depression. Agricultural prices fell. This brought poverty to the countryside.

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