World Recession

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Title: World Recession

Essay Details:

Subject: English

Author: Octavia D

Date: November 10, 2014

Level: College

Grade: A

Length: 1 / 201

Essay text:

The biggest damages had the “United States of America (15%)” (Pelaez 15) and “Great Britain (6%)”(Blakey 29). Finally, the most famous collapse was in 1920 as a consequence of the First World War (time of military conversion). It was a period when the second economic part passed in to the third. It was a time of “Great depression” when on 29 October 1929 (day of “Black Thursday”) shares tumbled and damage was over “$10 billion , 30 million unemployed, the United States of America did not give credits to Germany, Germany stopped pay reparations, Great Brittan and France stopped to repay”(History )...

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