High Quality Content by WIKIPEDIA articles! Australia suffered badly during the period of the Great Depression of the 1930s. The Depression began with the Wall Street Crash of October, 1929 and rapidly spread worldwide. As in other nations, Australia suffered years of high unemployment, poverty, low profits, deflation, plunging incomes, and lost opportunities for economic growth and personal advancement. Pharlap brought hope to the Australian people throughout the 1930s. The Australian economy and foreign policy largely rested upon its place as a primary producer within the British Empire and Australia's important export industries, particularly primary products such as wool and wheat, which suffered significantly from the collapse in international demand. Unemployment reached a record high of around 30% in 1932, and gross domestic product declined by 10% between 1929 and 1931. Данное издание представляет собой компиляцию сведений, находящихся в свободном доступе в среде Интернет в...

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