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POST WORLD WAR ONE
Australia browed a lot of money from the londen lown market because after world war 1 people had gone to war and lost there live and jobs -
Period: to
GREAT DEPERSSION
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WALL STREET CRASH
Due to finacial problems since the the new york stock exchange crashes the banks were leanding out lots money and and to many people were browing money so the banks crashed -
GOVERNMENT SPENDING CUTS
The Australian starts makeing to fing ways to replay lones intrest ect.
The Australian goverment cuts jobs to save money -
Australian economy suffers
Ausralian exports (wool, flour,dairy ect) falls in price by almost 50%
people didn't have much money -
SYDENY HABOUR BIRDGE OPENS
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UNENPLOYMENT AT A HIGH
one third of the population was unenployed people pour -
ECONOMY STARTS TO RECOVER