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Essay

Depression in 1920's

Essay specific features

 

Issue:

History

 

Written by:

Ralph W

 

Date added:

August 4, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 677

 

Was viewed:

5426 times

 

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Essay content:

Any serious reduction to the price and volume of exports and reduction of overseas loans would cause problems. An indication of danger was Australia's large and rapidly increasing overseas interest bill. By the late 1920's, the prices of Australian's exports were also falling. With the continuation of the declining price, Australia would have a difficult struggle to pay for its imports and repayment of loans...
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By the late 1920's, the prices of Australian's exports were also 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 severely as its primary source of income was taken away. Employees in public works, building and construction lost their jobs, as loans were no longer being funded for these projects...
displayed 300 characters

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