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The economy in the inter-war years, image, image, image, image, image,…
The economy in the inter-war years
POST-WAR CRISIS
shortage of products
increase in prices
Germany
war reparations
high levels of debt
RECOVERY IN THE 1920S
United States applied the Dawes Plan
The United States also helped other European countries
THE WALL STREET CRASH OF 1929
In 1929
Wall Street stock market
The causes
Agricultural overproduction
Speculation on the stock market and excessive bank credit
Industrial overproduction
THE GREAT DEPRESSION OF THE 1930S
The consequences
Wages fell
The world economy was affected
Companies closed
Decrease in the standard of living
