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Question: What effect did the 1929 Wall street crash have on Australia!?
Actually, we need to compare and contrast between now and then, so I would like to know what sort of effects did the Wall street crash have on Australia!?!

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Best Answer - Chosen by Asker:
The Great Depression of the 1930s was an economic catastrophe that severely affected most nations of the world, and Australia was not immune!. In fact, Australia, with its extreme dependence on exports, particularly primary products such as wool and wheat, is thought to have been one of the hardest-hit countries in the Western world along with Canada and Germany!. Unemployment reached a record high of 29% in 1932 and gross domestic product declined by 10% between 1929 and 1931!. There were also incidents of civil unrest, particularly in Australia's largest city, Sydney!.Www@QuestionHome@Com