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Explain how the depression in the United States affected the economy of Europe.

Sagot :

Answer:

industrial output fell by over 40 per cent

Explanation:

Although there were national variations, no part of Europe was left untouched by the Great Depression. In the worst affected countries – Poland, Germany and Austria – one in five of the population was unemployed, and industrial output fell by over 40 per cent. Levels of trade between countries also collapsed.