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AUTHOR(S): Albiona Demiri Bekteshi
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ABSTRACT This paper examines the onset of the Great Depression in the United States (1929–1933) and its impact on the economy of the Kingdom of Yugoslavia. Economic and financial crises have been recurring phenomena throughout history, often leaving profound and lasting consequences on affected nations. The Great Depression triggered unexpected and far-reaching changes across the global economic landscape. Originating in the United States, the crisis quickly spread to Europe, significantly disrupting both economic activity and social structures. The Kingdom of Yugoslavia, despite its peripheral position in the global economy, experienced substantial repercussions, particularly in terms of agricultural decline, industrial stagnation, and financial instability. This study analyses the mechanisms through which the crisis penetrated the Yugoslav economy, emphasizing the interconnectedness of international markets and the vulnerability of semi-peripheral economies to global economic shocks. |
KEYWORDS Great Depression, economic crisis, financial instability, Kingdom of Yugoslavia, interwar period |
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Cite this paper Albiona Demiri Bekteshi. (2025) The Impact of the Great Depression in the USA (1929–1933) on the Economy of the Kingdom of Yugoslavia. International Journal of Economics and Management Systems, 10, 352-359 |
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