“How was Australia affected by the depression in the late 1920’s?”
Australia was affected in many ways by the great depression in 1920’s. It started with the borrowing of large sums of money from Australia’s mother country; Great Britain. With the already shaky economy, the stock market crashed which had serious implications for Australia. Much of the working class were without jobs, thus having no financial support for their family. Farmers and unskilled labourers still had work, but little pay. The unemployed had no work, and advertised jobs had hundreds of hopeful employees queuing up for a chance to support their family. The professional class were least affected, and still were able to support their families, even doing this however stretched the budget.


