The factors that caused the Great Depression to spread around the world are:
Americans stopped buying from overseas nations
Many countries raised tariffs on imported goods
Americans demanded repayment of European loans
The Great Depression was the worst economic downturn in the history of the industrialized world, protracting from 1929 to 1939. It began following the crash of the stock market of October 1929, which sent Wall Street into a panic and wiped out millions of investors.
Prior the Great Depression, the Federal Reserve had caused banks to decrease their willingness to loan money to the people. the stock market also declined at the time before
It was found in the form of <span>eclipse predictions and tables
These showed how many countries exchanged scientific discoveries and worked together in order to develop a bigger understanding of the world. For example, without Arabs Europeans would have had significantly lower understanding of mathematics, while Arabs would have a much smaller basis for their discoveries since they translated all books that they could find that were western.</span>
It was a large project that only employed a small number of people at two different sites
The means of production, resources, and businesses in a capitalist economy are based on the private ownership ( as opposed to public ownership). Private ownership is a basic characteristic of Capitalism, together with the notion of market economy, in which the economic decissions are made following the trends of supply and demand.
