You could hear it on mainstream radio in 1978, courtesy of The Police, and if you're in Britain, you can hear it on the airwaves today, in the music of Birmingham-born MC Lady Leshurr: reggae's influence on British music.
Since civil war reduces the productivity of factors in production, this lowers the. rate of return on investments made in the domestic economy. Further, the destructive eï¬ect of. civil war increases the rate of depreciation. Again, this reduces the rate of return on domestic. investments.
Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. The Great Depression had devastating effects in countries both rich and poor. Personal income, tax revenue, profits and prices dropped, while international trade plunged by more than 50%.