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Aleonysh [2.5K]
3 years ago
8

The global economic crisis following World War I was caused by

History
2 answers:
Travka [436]3 years ago
8 0

the answer is unpaid WW1 debts

denpristay [2]3 years ago
5 0
Everyone was trying to rebuild their countries especially Germany, who was also trying to pay off a massive debt to the allied side. Trade was struggling as there was still a lot of tension over the Treaty of Versailles. This lead to German money becoming practically worthless and as the countries tried to recover many banks crashed. This lead to the Great Depression.
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Douglass himself captured the impact of his Irish journey in a letter he wrote from Belfast as he was about to leave: “I can truly say I have spent some of the happiest moments of my life since landing in this country. I seem to have undergone a transformation. I live a new life.”

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