Answer:
Germany's reparation payments after World War I caused massive inflation in Germany. The Treaty of Versailles and 1921 London Schedule of Payments required Germany to pay 132 billion gold marks (US$33 billion) in reparations to repair civilian damage caused during the war.
It really depends on the time period, but if we're talking in general, China had Confucian views, while India had the caste system. Both were very patriarchal, but China's social system was more based on family values and India was more focused on jobs. China was way more strict ("women should stay in the house", foot binding, etc.) I hope this helps somewhat. :)
<span>The Depression spread rapidly around the world because the responses made by governments were flawed. When faced with falling export earnings they overreacted and severely increased tariffs on imports, thus further reducing trade. Moreover, since deflation was the only policy supported by economic theory at the time, the initial response of every government was to cut their spending. As a result consumer demand fell even further. Deflationary policies were critically linked to exchange rates. Under the Gold Standard, which linked currencies to the value of gold, governments were committed to maintaining fixed exchange rates.</span>
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