joshuadalton13 joshuadalton13

08-12-2016
History

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What did president Roosevelt do to try to counter the effects of the Great Depression? What problems did the collapse of the American economy cause in other countries?

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janiah6485love janiah6485love

08-12-2016

Because of debts and dependence on American loans and investments, Germany and Austria were greatly affected. -Austria's largest bank failed in 1931 and in Asia, urban workers and farmers suffered as the value of exports failed. -It greatly affected Latin America too, as the U.S. and Europe demanded for copper, beef, and sugar from Latin America in which the prices collapsed.

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