... escalation of this depression was the Dawes plan, which is a system where three countries depended on each other economy to pay off war debts. In a nutshell the United States lent money to Germany who increased their tax rates to pay back reparations to France who pays back the United States for war loans, making these three countries are all contingent on ... in January 1931, which gathered the unemployment data by industry in 21 selected areas. It showed that the average rate of unemployment in January 1931 was 25.9%, which is a huge increase, compared to April 1930 in which the unemp...

• Word Count: 2034
• Approx Pages: 8
• Has Bibliography
• Grade Level: Graduate