The depression of 1893 encouraged American companies to trade in foreign countries. It also encouraged interest in agricultural systems in foreign countries as well.
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The social impact that the Great awakening had in 18th century colonial America was that it opened the doors of some white churches. The churches were now opened to African Americas and Indians.
Because Germany was ruled by a dictator, economic decisions could be made and carried out efficiently.
Germany's economic problems were a crucial factor in the Nazi rise to power. Unemployment had risen to 6 million by the winter of 1932. The impact of the Great Depression made extremist parties more attractive. Hitler also promised to create a new Germany. His focus on national pride, national honor, and traditional militarism appealed to his listeners.
Deficit spending is spending money raised by borrowing. It is used by governments to stimulate their economy during times of depression or economic slow-down. Unless the borrowing is repaid, deficit spending will increase the national debt.
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