The depression had devastating effects in virtually every country, rich or poor. International trade plunged by half to two-thirds, as did personal income, tax revenue, prices and profits. Cities all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by roughly 60 percent. Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries suffered the most. COUNT 4
QSN1 Where did the depression cause negative effects? ANS1 virtually every country QSN2 How much did international trade fall? ANS2 by half to two-thirds, QSN3 What happened to construction during the Depression? ANS3 virtually halted in many countries QSN4 How far did crop prices fall? ANS4 60 percent