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The gold standard was the primary transmission mechanism of the Great Depression. Even countries that did not face bank failures and a monetary contraction first-hand were forced to join the deflationary policy since higher interest rates in countries that performed a deflationary policy led to a gold outflow in countries with lower interest rates.
The Great Depression's political landscape proved conducive to the first large-scale movement of class-conscious working-class women organizers since the country's founding. Housewives, mothers, and working-class women regardless of employment status were driven by rising market prices to become political players within their communities.
Golden Fetters: The gold standard and the Great Depression, 1919–1939. 1992. Feinstein. Charles H. The European Economy between the Wars (1997) Garraty, John A. The Great Depression: An Inquiry into the causes, course, and Consequences of the Worldwide Depression of the Nineteen-Thirties, as Seen by Contemporaries and in Light of History (1986)
The Great Depression in India was a period of economic depression in the Indian subcontinent, then under British colonial rule. Beginning in 1929 in the United States , the Great Depression soon began to spread to countries around the globe.
During the Great Depression, different parts of Australian society experienced different hardships, challenges and opportunities. There was increased movement of many people to and from country areas in search of work. City and urban people planted gardens to produce fruit and vegetables.
During the Depression, a piece of cardboard or a new rubber sole may have extended the wear of a pricey pair, and clothes were certainly mended and patched long before they were ever thrown out.
That pattern is a symptom of the country’s division but also reflects the lack of competitive districts due to gerrymandering. ... a wave of voters hurting from the Great Depression would elect ...
The Great Depression, which followed the Wall Street Crash of 1929, had extreme negative effects on the countries of Latin America. [6]Chile, Peru, and Bolivia were, according to a League of Nations report, the countries that were the worst hit by the Depression.