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Question about 1929 Crisis: Causes and Consequences

History

Originais Teachy

1929 Crisis: Causes and Consequences

Hard

(Originais Teachy 2023) - Question Hard of History

The 1929 crisis had significant impacts on both the United States and other countries, including Brazil. Industrial overproduction and financial speculation were determining factors for the collapse of the American stock market. In Brazil, the crisis caused a drop in coffee exports, the country's main export product, and accentuated the crisis of the Old Republic. Considering this context, describe how the 1929 crisis affected the Brazilian economy, including an analysis of the measures taken by the government at that time to address the situation. Additionally, discuss the similarities and differences between Brazil's reaction and that of other countries to the crisis, justifying your response based on specific economic events and policies.

Answer sheet:

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