1. The great Depression
... all members of trade unions were out of work. Meanwhile German agriculture was near collapse. In 1930, German agricultural products sold for about 13% more than in 1913, while consumer goods were 60% higher in price. [Bresciani-Turroni, C. The Economics of Inflation, London 1937]. Because Germany had been the centre for the investment of foreign money, the difficulties of the ... ). The financial authorities in the advanced countries, for example, did little to solve the liquidity crisis facing the primary producers, which obliged them to restrict their imports of manufactured goods. Sim...
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