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The 1890s depression in Australia was both deeper and more prolonged than those in Argentina, Canada or New Zealand. In … extensive farming were reached earlier than in Argentina (and Canada), restricting the scope for rapid recovery after world … commodity prices turned up in the mid-1890s. Second, the growth of GDP in Australia prior to 1890 may have been based to a …
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leading up to the Great Depression with current economic conditions in the USA and Australia to draw some insights and … conclusions regarding the plausibility of this concern. The indicators for comparison are (1) household debt (2) real estate …
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