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Which statement accurately compares why local Northern Rhodesian and Burmese populations suffered such extreme economic impacts...Asked by Nasir Robinson
Which statement accurately compares why local Northern Rhodesian and Burmese populations suffered such extreme economic impacts of the Great Depression
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The local Northern Rhodesian and Burmese populations both suffered extreme economic impacts of the Great Depression due to their heavy reliance on exports, such as copper in Northern Rhodesia and rice in Burma, which experienced a sharp decline in demand and prices during the global economic downturn. Additionally, both regions had limited economic diversification and were heavily dependent on colonial powers for trade and investments, leaving them vulnerable to external shocks and leading to widespread unemployment and poverty among the local populations.
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