Great Depression in Latin America
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The Great Depression which followed the US stock market crash of 1929 impacted heavily on the countries of Latin America. Before the global Great Depression of the 1930s, links between the United States economy and Latin American economies had been established through US investment in Latin America and Latin American exports to the US. As a result, Latin American felt heavy reverberations when the US stock market crashed in 1929. Chile, Peru, and Bolivia were, according to a League of Nations report, the countries worst-hit by the Great Depression.
[edit] See also
[edit] References
- Modern Latin America, Fifth Edition, T. E. Skidmore and P. H. Smith
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