The Global Depression

The Global Depression Your initial post is due by Wednesday, follow-up response posts are due by Sunday.   Directions Step 1 Carefully read Chapter 26 concerning the Great Depression. Also read the document The Global Depression that follows this instruction. Step 2 Consider the 3 questions found below for your initial posting in a discussion format (do not repeat the questions) by Wednesday of this Week.

How did the 1919 Treaty of Versailles and the Hawley-Smoot Tariff contribute to the global depression of the 1930s? How did the governments of European nations respond to the Depression? What effect did the global depression have on economic theory? Why was Keynes’s economic theory so revolutionary?

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