The Impact of Socioeconomic Problems of the 1930s on the Beginning of World War II

The Impact of Socioeconomic Problems of the 1930s on the Beginning of World War II

Document details
Category: Economics Essay
Subcategory: International Economics
Words: 752
Pages: 2

The economic and social problems of the 1930's may have led to the start of World War 2. I have some reasons why explained below. A name for the 1930's could be called the Dirty Thirties because there was a great loss of rain in the states causing drought and there for crops could not be grown. The downfall of the stock market had greatly decreased the New York stock exchange and with the great downfall it caused prices to raise from 110 to 455 over a period of 7 months. The prices dropped greatly because nobody would by from stockholders. The downfall of the stock market also caused many attempted deaths and suicide throughout the crowd. The decrease only hurt the people that gambled their money into the stock market. Unemployment also greatly decreased when the market crashed. The time period was called the Great Depression. The unemployment rate grew from 3.2 to 25 in 3 years. The Depression happened during 1929 and 1932 where manufacturing goods fell 38. International trade decreased greatly between countries fell 65. The figure may not be exact but is pretty close it also depends with one country compared to another. France and Britain struggled to rebuild after the World War but were able to keep their democratic government. The economy was rescued when the National Government came in and settled the currency with taxes. France, unlike Britain, took the depression harder because it was a farming country. France was less depended on foreign trade. In 1935 1 million people were out of work because of the drought in France. The depression also hurt schools because the children were unable to go to school because teachers reported that children had no shoes to go this caused many teachers to quit and they were out jobs. College graduated found it hard to find jobs and usually ended up with low wage jobs. ...

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