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Answer: They were similar because both america and Germany were politically unstable after world war 1
Explanation: The disaster began in the United States of America, the leading economy in the world. The American stock exchange is in the city of New York in a building on Wall Street. The Wall Street stock exchange collapsed in 1929 and the American economy collapsed with it. This event was known as the Wall Street Crash, and was the start of the Great Depression
The effects of the Great Depression had been similar on America and Germany due to the fact each America and Germany had been politically volatile after World War I.
What was the effect of great depression on the US?
In 1929, The Wall Street stock exchange collapsed and the American economic system collapsed with it. This occasion turned into called the Wall Street Crash, and resulted at the beginning of the Great Depression.
It spread hastily from the U.S. to Europe and the rest of the sector because of the near interconnection between the US and European economies after World War I.
Hence, The effects of the Great Depression had been similar on America and Germany due to the fact each America and Germany had been politically volatile after World War I.
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