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The Great Depression of the 1930s affected economies across the entire world.
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SUPPORTED
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Is it true that the Great Depression of the 1930s affected economies across the entire world?
Yes. A reference overview states worldwide GDP fell about 15% between 1929 and 1932 and that the Depression had devastating effects on both wealthy and poor countries, with international trade falling over 50%. Other sources confirm the Depression hit many countries, though several focus on particular economies or regions.
Verdict: SUPPORTED · 10 sources for, 0 against · Last checked
Evidence for · 10
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Great Depression. (n.d.). en.wikipedia.org. https://en.wikipedia.org/wiki/Great_Depression
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More for · 9
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The Great Depression of the 1930s. (2010). doi.org. https://doi.org/10.1057/9780230297111_7
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Great Depression. (n.d.). econlib.org. https://www.econlib.org/library/Enc/GreatDepression.html
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WEDDEL'S REVIEW (Evening Post, 18 October 1938). (1938). paperspast.natlib.govt.nz. https://paperspast.natlib.govt.nz/newspapers/EP19381018.2.150
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Waghmare, D. S. & Jadhav, D. R. B. (2026). Critical analysis of the Great Depression and its relevance to the current Economic Crisis. zenodo.org. https://doi.org/10.5281/zenodo.18861114
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The Soviet Union during the Great Depression: The Autarky Model. (2003). doi.org. https://doi.org/10.1057/9780230536685_8
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Records and Voices of Social History: The Case of the Great Depression in Singapore. (n.d.). cir.nii.ac.jp. https://doi.org/10.20495/tak.44.1_31
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International trade in times of financial distress: How the Great Depression reshaped Banca Commerciale Italiana’s acceptance activity in New York (1926-1931). (2026). hal.science. https://doi.org/10.1410/119652
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Texas Durante la Gran Depresión (Texas During the Great Depression). (2019). ebookcentral.proquest.com. https://ebookcentral.proquest.com/lib/kxp/detail.action?docID=6128067
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The Gold Standard and the International Dimension of the Great Depression. (2023). hal.science. https://doi.org/10.2139/ssrn.4183413
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