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The Great Depression - Coggle Diagram
The Great Depression
America's Great Depression
Stock Markets crash
How did the Stock Markets Crash in the first place?
factory production cut in half
businesses failing
one-forth of Americans had no job
Other countries hit
Germany
Austria
Asia
Latin America
Was Latin America an important part of trade?
Supply and Demand
America does not have money
America raised tariffs
Every raised tariffs/It backfired
Dropped world trade by 65%
economic downturn
Why did everyone raise their tariffs?
Factory Production cut in half
Demand for sugar, beef, and copper
Prices Collapsed