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ID number:730968
Published: 27.05.2009.
Language: English
Level: Secondary school
Literature: n/a
References: Not used

It was one of the hardest-hit counries in Western world;
Falling export demand and commodity prices placed massive downward pressures on wages;
Unemployment reached a record high of almost 32% in 1932;
Incidents of civil unrest became common;
After 1932, an increase in wool and meat prices led to a gradual recovery.

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