The Great Depression and World War II 1929-1945.
The Great Depression and World War II 1929-1945: The widespread success of the 1920s ended brusquely with the stock market collapse in 1929 and the immense economic depression that was resultant.
The depression affected people’s savings, careers, homes, and even farms. At the seriousness of the depression, more than one-quarter of the American workforce had quite work. For many citizens these were exceptionally hard times.
The economic problems of the 1930s were universal in effect and scope. Economic unsteadiness brought about political uncertainty in many regions of the globe. Political disarray provided perfect conditions for various dictatorships to occur.
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Given that many African countries such as Ghana and Ethiopia had not fully developed economically, the depression affected them immensely. Many children had to leave school due to lack of school fees and start working at very small age. At the time both Britain and The U.S. had huge numbers of slaves, hence making a larger number of foreigners to suffer
Both the great depression and World War II were of a severe nature to humanity. The U.N being the peace organization came up with laws to help curb situations that might result to world wars. Some nations started to recover in 1930. In Many economies, the effects of the great depression and the World War II were of a very huge nature.
Some economies never resumed their economic ranking. Since then, dictatorship is illegal and is no longer condoned in the world. The rules started to apply immediately after the world war, hence the elimination of many dictators.
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