Why did the world crisis of 1929-1933 begin with the United States?

In 1929, stocks crashed on the New York Stock Exchange. This entailed a series of serious consequences. A large number of banks were closed, the pace of production began to decline. The number of jobs was reduced. After the crisis spread to other countries, as there were high import duties on the goods. Financial ties eventually weakened. At first, the crisis did not affect France, but by 1930 it had begun there as well.



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