the great depression

Cards (4)

  • late 1920s
  • lost jobs - less money for people - less money to spend - businesses made less money - overall less money
  • Great Britain - prepared - recovered in 1935
    GB - prolonged economic downfall after WW1
    unemployment went down
    taxes went up, spending went down - wealthy and poor - spending shared more equally
  • USA - economy crashed - high taxes and levels of unemployment (Triggered by the start of WW1)