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Since the year 1929 the Liberal Party period began. It lasted 16 years and had to fight the global economic crisis. Also during this period there was great controversy bipartisan, creating many internal conflicts. One of the major problems in the crisis was the dependency of Colombia in the U.S for the purchasing of coffee which was the backbone of its economy.〔Bushnell, David. Colombia una nación a pesar de si misma. Chapter 8 “La Republica Liberal”, Pgs. 261- 285〕 The economic crisis in Colombia during the period of 1928 through 1933 was a devastating result of the previous years of prosperity based on high amounts of international loans and credits, high prices in the exporting coffee and a confident country that generated investment and cash flow. The same way that Colombia prospered thanks to the U.S.A., it went down parallel to it in their time of crisis. The New York stock market collapsed and the confidence within the country was low and protective, the investment stopped, as well as the loans and Colombia was directly affected by that situation. There was a constant decrease in the exporting potential product of Colombia; coffee, as well as a cut in the international loans and investment. Eventually the crisis in the U.S.A. generated within Colombia a cut in urban employment, diminished internal market and among other problematic social and economic situations.〔Posada, Carlos Esteban. La gran crisis en Colombia: el periodo 1928-1933. Capitulo 3. Pg: 77-101〕 From the year 1933 to the year 1939 Colombia began to see a big change in the country´s industries, leaving behind the problems of urbanization in the twenties. There was also a large agricultural development, therefore strengthening the development of the economy, and expansion of the agriculture and livestock. During this period, coffee exportations were very high. Coffee farmers managed to expand their crops; with the help of politics they also tried promoting agriculture, with help of the “Consejo Nacional de Agricultura”. ==Economic Crisis== One of the main reasons for the development of an economic crisis is when a world power country enters in the crisis, eventually all countries get affected. Basically a crisis leads a country to debt and economic stagnation. And it’s ultimately influenced by all kinds of factors such as culture, climate, previous development, political order, and internal and external social conflicts. In other words, there is a great deal of ingredients mixture needed for an economic crisis to come across. First of all, to analyze what an economic crisis is, we need to know what the symptoms of a healthy economy are. There should be progressive increase in the sustainable growth in behalf of the government, the economy and society as a whole. Something crucial for the country is the trade balance, which should mediate the amount of importations with the exportations. Also, the currency has to be revalued in order to have a controlled inflation within all the areas. The government also has to be very careful in the amount of money that runs among the pockets of the people, because that’s what determines product prices and inflation. Unemployment rates also have to be no more than a digit to be considered a country with healthy economic symptoms in relation to all the population, not a few favored. Now knowing the symptoms of a healthy economy we can take into account what an economic crisis is and how does it become global. When problems are created in different bases, the economy turns to be fragile and that’s when the economy crisis occurs. This is given to other things that make development stagnates. In these time period, exports fall, affecting the trade balance like a cycle. If a country’s export is not enough, it will affect the rest of the countries including its imports. There comes a point where it fails to defend currency, and when that happens, its value falls and people only think about getting rid of it to buy other. There is also the big problem of excess in the credit banking system, creating a situation in which the bank is not paying people and increases poverty. The economic crisis is something that affects the whole world. There are clearly more developed countries and the impact is equally different. In conclusion, the crisis occurs, because panic is formed, and just then a country loses confidence. This may cause stagnation in production and investment, leading the country to a slow development. Because of the stagnation, unemployment grows increasing human poverty.〔Colegio Nueva Granada. Sociales 11. Techer:Santiago Arroyo〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Colombian economy and politics 1929–58」の詳細全文を読む スポンサード リンク
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