Describe how the Great Depression spread from USA to other countries of the world. -SST 10th

Describe how the Great Depression spread from USA to other countries of the world. -SST 10th
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American crisis affected other countries in Europe and elsewhere by virtue of their being dependent on her overseas capital investment and loans. Then, their own internal weaknesses made the conditions worse. Many factors were responsible including lack of confidence and panic among the investors. Britain also decided to return to the gold standard ratio of US dollar 4.86 to 1 pound sterling which was the pre-World War I level.
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