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anygoal [31]
3 years ago
6

What was the impact of the 1929 stock market crash on europe​

History
2 answers:
swat323 years ago
4 0

Food shortages, employment shortages among other things

Mrrafil [7]3 years ago
3 0

Answer:

what was the impact of the 1929 stock market crash on europe​

Explanation:

<u>Following the collapse of the United States stock market in 1929</u>, <em><u>the problem not only remained in New York</u></em>, <u>but moved to almost every country in the world as a domino effect, including Europe</u>.

<em><u>The depression had devastating effects in almost all countries, rich and poor, where insecurity and misery were transmitted as an epidemic, so that they fell</u></em>: <u>national income, tax revenues, business profits and prices. International trade declined, and unemployment increased</u>.

<u>Cities around the world were severely affected, especially those that depended on heavy industry, and the construction industry. Agriculture and rural areas suffered from falling crop prices</u>. <em><u>Given the fall in demand, the areas dependent on the primary sector industries, with few alternative sources of employment, were the most affected</u></em>.

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