Economic collapse and its human consequences
What Economic collapse and its human consequences means in History A-Level, as defined for Pearson Edexcel.
Definition of Economic collapse and its human consequences
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Reference: Pearson Edexcel
GDP collapsed from about $104 billion in 1929 to around $58 billion in 1932, a fall of roughly 44%, while workers faced wage cuts, short-time working and dismissal.
Topics that use Economic collapse and its human consequences
- Depression and New Deal, 1929–38 (Pearson Edexcel A-Level)
Related terms
- Federal response to economic crisis
- Government and organised crime
- Labour rights and industrial conflict
- Limits of voluntarism and limited government
- Political and constitutional opposition
- Poverty and public perception
- Protectionism and international trade
- Regional and ethnic disparities
Using Economic collapse and its human consequences in the exam
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