Transformations generated by the Great Depression

🌍 The Great Depression led to the reappearance of protectionist policies in many European countries.

🏭 One of the key measures taken was the imposition of customs tariffs on imported goods, aimed at protecting both rural and industrial producers.

🌾 The agricultural sector was particularly affected by the crisis, leading to the implementation of protective tariffs to safeguard agricultural production and rural producers.

📌 The Great Depression led to the implementation of protectionist policies in Germany, both to protect agricultural and industrial production.

📌 These protectionist policies allowed German industrial producers to engage in dumping practices and improve domestic prices.

📌 The application of protectionist policies marked the end of economic liberalism and increased the role of the state in regulating the economy.

During the Great Depression, German entrepreneurs took advantage of low domestic prices to export at a lower price and penetrate other markets.

England, due to its global economic position, maintained free trade policies and continued to be the largest exporter of manufactured goods.

The second key response to the crisis was the concentration of economic power, with capitalists forming larger corporations.

📌 The Great Depression led to economic concentration and the formation of cartels to reduce competition and control prices.

📌 Oligopolistic tendencies emerged with a few dominant companies influencing market share and prices.

📌 The Depression also sparked a shift towards rationalization and organizational innovation in industrial production.

💡 The Gran Depresión generated transformations aimed at increasing labor efficiency and improving productivity.

⏰ To achieve these transformations, the production process was broken down into simple timed maneuvers, allowing for the incorporation of cheaper, unskilled workers while reducing downtime.

🌍 Imperialism emerged as a response to the Gran Depresión, starting in the 1900s, and played a significant role in the economic landscape.

💡 The Great Depression led to economic transformations and expansion of central and industrialized economies to the periphery.

💰 The objectives of this expansion were accessing new markets, obtaining raw materials, and finding profitable investment opportunities.

🌍 These transformations and responses were driven by the need to recover from the crisis caused by overproduction and declining profitability.

💡 The Great Depression caused significant transformations in the economy, including a decrease in competition and a restructure of prices.

🌍 These transformations had a global impact and contributed to the economic expansion and business growth in the mid-1990s.

📈 The transformations led to a new era of optimism, prosperity, and economic expansion.