1. The Great Depression
"The 1929 Wall Street Market crash had a significant political, social and economic implications for all countries in the western world." ... However, the depression that followed the crash did not affect every country and was not solely caused by the fall of the stock market. ... The stock market had crashed due to over-production, more goods were being produced than people could afford. ... It was due to this decline that triggered the large amount of share selling on the stock market. ... When the Stock Market crashed America could no longer afford to lend money, leaving countries such a...
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