When the stock market crashed in 1929, it had a ripple effect that impacted the European nations, among others. In what specific way were European economies tied to the US economy?

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23-11-2017
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When the stock market crashed in 1929, it had a ripple effect that impacted the European nations, among others. In what specific way were European economies tied to the US economy?

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Thominewt Thominewt · Answer 1 · 2017-11-23T00:29:23+01:00

Thominewt Thominewt

23-11-2017

Well, the US trades with Europe all of the time.
I would assume that when the stock market crashed--which surely slowed the production of goods--it significantly slowed trade between the United States and Europe because the US had fewer goods to trade.

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