Depression in 1920s Essays -- essays research papers

How was Australia affected by depression in 1920s?Australia was ane of the countries deeply affected by the Depression.This was due to the fact that Australia heavily depended on the imports, trade and investment intake from oversea. The economy was already unstable and was in trouble during the 1920s. The wealth of the economy was only based on the highschool prices of Australias exports and primary products, a growing volume of exports and a continued teem of investments into Australia. Any serious reduction to the price and volume of exports and reduction of afield loans would cause problems. An indication of danger was Australias large and rapidly increasing overseas interest bill. By the late 1920s, the prices of Australians exports were in any case falling. With the continuation of the declining price, Australia would have a difficult struggle to pay for its imports and repayment of loans. Australia was affected so badly as its primary source of income was taken away. Em ployees in public works, construct and construction deep in thought(p) their jobs, as loans were no longer being funded for these projects. This also reduced the demand for goods produced in other industries. Australias workmen had a severe lost of jobs and wages. How was the government responding and assisting the population?SussoThose who were unemployed were entitled to the application of the susso, a dungeon or dole payment. A person seeking this assistance had to demonstrate and demonstrate that th...