Explain the results of the Great Depression (1919-1932).

1.	Explain the results of the Great Depression (1919-1932).
Answer» Effect of the Global Depression are as follows: Most of the nations of the world were affected due to the Great Depression. Even a superpower like Great Britain had to sacrifice its policy of keeping gold reserve against its currency. The policy, in turn, affected other nations of the world and international trade and industry. Prosperous nations like America also had to impose strict measures. Global trade was reduced to half. This ruined economies widespread unemployment, economically and politically frustrated nations wanted immediate recovery which became one of the reasons for World War II.

Answer»

Effect of the Global Depression are as follows:

Most of the nations of the world were affected due to the Great Depression.
Even a superpower like Great Britain had to sacrifice its policy of keeping gold reserve against its currency.
The policy, in turn, affected other nations of the world and international trade and industry.
Prosperous nations like America also had to impose strict measures.
Global trade was reduced to half.
This ruined economies widespread unemployment, economically and politically frustrated nations wanted immediate recovery which became one of the reasons for World War II.

Discussion