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Which two countries saw the worst outcomes in economic
indicators from 1929 to 1932?

User Darleny
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2 Answers

11 votes

Final answer:

The United States and Germany suffered the worst economic outcomes from 1929 to 1932 during the Great Depression, with skyrocketing unemployment rates, industry collapse, and severe financial crises.

Step-by-step explanation:

The two countries that experienced the worst economic outcomes from 1929 to 1932 were the United States and Germany. The Great Depression had a profound impact on the global economy and these nations saw particularly dire economic indicators during this period.

In the U.S., the stock market crash on October 24, 1929, marked the beginning of the economic downturn. This led to a massive withdrawal of capital from Europe, which demanded repayment of loans. The sequence of events propelled the U.S. unemployment rate to soar from 3 percent in 1929 to 25 percent by 1933.

Industries were severely hit, with many businesses going bankrupt and industrial output halving. Meanwhile, Germany, burdened by war reparations from World War I and reliant on American loans, faced a catastrophic situation when these loans were recalled.

User Teruki Shinohara
by
4.2k points
13 votes

Answer:

usa and france

Step-by-step explanation:

User SDGator
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