IJNI0

Classified in History

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2-THE GREAT DEPRESSION

-PROSPERITY IN THE USA (1920)CAUSES
*rising stock market values, constant growth of production, abundance of capital, production exceeds demand, widespread speculation in the stock market and gap between real economy . All of this led to the stock market crash (1929)
-THE GREAT DEPRESSION
*banking system crashes.Companies close,unemployment rises, prices fall and farmers go bankrupt.
*crisis in the usa:
-the usa withdraws foraign investment: european banks crash 
-the usadramatically reduces imports: european products have no market

-THE NEW DEAL:
roosevelt launched a programme called the new deal 1933 
* public works: the goal was to create employment and stimulate investment by large companies
* farming subsides: farmers were paid to produce less so that pprices would rise and profits would increase
*improved workin conditions: these included a shorter work day, a minimun wage and unemployment insurance
* restructuring of the financial system

SIGLAS:
UN: united nations
FAO:Organicacion de las naciones unidas para la alimentacion y la agricultura
ILO/OIT: organizacion internacional del trabajo
WHO/OMS: organizacion mundial de la salud
UNESCO:organizacion de las naciones unidas para la educacion, la ciencia y la cultura
UNHCR/ACNUR: alto comisionado de las naciones unidas para los refugiados
UNICEF: fondo de las naciones unidas para la infancia
IMF: fondo monetario internacional

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