Answer:
(a) Overproduction led to the American Economic Depression of 1929 and the collapse of the American stock market this resulted in large scale unemployment, poverty and starvation. (b) As the European economy was dependent on America the depression spread and affected all the capitalist countries by 1931. Some of the most reliable banks were forced to close down. (c) By 1932, there were more than 30 million workers unemployed and starving in European countries. (d) In France it led to political instability with four governments assuming office in 1933 alone. (e) In many countries it led to social unrest and violence. In Germany it helped Hitler to come to power.
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