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26 September, 12:48

How did the European recession contribute to the Great Depression?

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  1. 26 September, 12:50
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    mass unemployment, baking panics and sharp increase in rates of poverty
  2. 26 September, 13:06
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    The unemployment rate in Germany, Austria and Poland rose to 20% while output fell by 40%. By November 1949, every European country had increased tariffs or introduced import quotas ... By that time, Germany had repaid 1/8 of the reparations.
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