The+Depression+in+Europe

In 1929 Europe hit a Great Depression, the first of its kind in over 50 years. The Treaty of Versailles had a major role in the Depression. This treaty made peace between nations but left people separated. This caused a turn of people in Europe. People started to get frustrated with each other and frustrated with people in other nations. Thus World War II was started not just because of the people but because of other reasons. The Depression in Europe left men and women without jobs and without a job there is no income and without income it is very hard to support a family or even yourself. By 1932 Europe had raised its tariffs by 50%. This really effected people and their income. Between 1924 and 1930 Europe received over $8 billion in American loans along with war loans. During that time there was hope that something would happen, people started to get jobs again but in 1932 Europe stopped receiving loans and people started to lose jobs once more. It was like a roller coaster up and down, back and forth, side to side, it was a never ending battle for money and jobs. Unemployment in Europe reached 33% and was still climbing. Other countries like the USA weren't doing to good either. When you think of Europe think of a father who wants to provide for their family but can't. Europe couldn't provide jobs, money, they couldn't even repay there debts, that’s how bad it got. Mothers and Fathers want to provide for there family but they can't without a job.
 * || Unemployment Rates || The Great Crash || Recovery ||
 * 1929 || 3.2% || $103.6 billion || x ||
 * 1930 || 8.9% || $91.2 billion || x ||
 * 1931 || 16.3% || $76.5 billion || x ||
 * 1932 || 24.1% || $58.7 billion || x ||
 * 1933 || 30% || $56.4 billion || x ||
 * 1934 || 21.7% || x || $66 Billion ||
 * 1935 || 20.1% || x || $73.3 Billion ||
 * 1936 || 16.9% || x || $83.8 Billion ||
 * 1937 || 14.3% || x || $91.9 Billion ||
 * 1938 || 19% || x || $86.1 Billion ||
 * 1939 || 17.2% || x || $92.2 Billion ||