The effects of the crash of the New York Stock Exchange

Question

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The crash of the New York Stock Exchange in 1929 triggered a global economic depression, affecting countries around the world. The effects were not limited to just the Western Hemisphere and were felt in Europe, Asia, and other parts of the world. It did not directly cause World War II, but it did contribute to the economic and social conditions that led to it. The effects on Mexico's economic development were also significant, as it led to a decline in international trade and investment.

The Effects of the Crash of the New York Stock