What Were The Economic And Political Effects Of The Great Depression?
The Great Depression and threats to international peace and collective security
What were the economic and political effects of the Great Depression?
The economic effects involved Britain and France establishing a system of imperial preference (government policy to restrict trade with other countries usually by placing high taxes on foreign imports so that domestic goods can be sold at a cheaper price). Germany and France also imposed strict import controls and most nations strengthened trade barriers; these two responses were the eastern European’s attempt to create an economic relationship with Germany. The political responses included Britain and France forming coalition governments, which led to inconsistent foreign policies being created. The Democrats took control of the U.S. Federal Government. The Nazi Party began to rise in Germany, which led to their control in 1933. There was also a general fear of communism affecting domestic and foreign policies.
How significant was the Manchurian Crisis in world affairs?
The Manchurian Crisis began with Japan and it’s damaged economy due to the Great Depression. Their large population needs…