18.5k views
3 votes
When did the international economy collapse and why?

User Richardo
by
7.6k points

1 Answer

5 votes
During the Great Depression, the international economy began to collapse in 1929 due to the stock market crash in the United States, which was caused largely by speculation. High international tariffs also played a role. 
User RobertFrank
by
8.3k points