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How did the Great Depression affect the economy?
How did the Great Depression affect the American economy? In the United States, where the Depression was generally worst, industrial production between 1929 and 1933 fell by nearly 47 percent, gross domestic product (GDP) declined by 30 percent, and unemployment reached more than 20 percent. The Great Depression had devastating effects in countries both rich and poor. Personal income, tax revenue, profits, and prices dropped, while international trade plunged by more than 50%. Unemployment in the U.S. rose to 25% and in some countries as high as 33%. The key factor in turning national economic difficulties into worldwide Depression seems to have been a lack of international coordination as most governments and financial institutions turned inwards. ... The Depression caused the United States to retreat further into its post-World War I isolationism.
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During his rule Caesar greatly improved Rome's economy Caesar was how master of Rome and made himself consul and dictator . He used his power to carry out much - needed reform, relieving debt , enlarging the senate , building the Forum lulium and revising the calendar .
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Diaspora, the dispersion of Jews among the Gentiles after the Babylonian Exile or the aggregate of Jewish communities scattered 'in exile' outside Palestine.
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Swahili and Kilwa
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East Africa coasts played an influential role in promoting trade with Asia through the Indian Ocean to places like India, Southeast Asia, and China. As trade increase between Africa and Asia, city-states flourished and prospered along the eastern coast of Africa. These included Kilwa, Mombasa, Malindi, Sofala, and others.
Trade increased in East Africa because of gold and ivory. Muslim traders from Arabia brought luxury goods in Africa.
Many merchants from Arabia and Asia stayed in the city-states of East Africa, which led to a new and different ethnic group known as the Swahili. Swahili, steadily grew and prospered, and become economic power by the 1400s.