Causes and Consequences of the great depression
What were the causes and consequences of the great depression?
<Tab/>The great depression began with the collapse of the New York Stock Exchange in October of 1929. Some of the cited causes of the Great Depression include: Investing on margin, land speculation in Florida , a decade long agricultural recession, irresponsible loan policies by banks, and a lack of regulation on capital markets. After the collapse, the economy fell into years of extended economic downturn, decline and unemployment. By 1932, one of four Americans was out of wor…
- Causes and Consequences of the great depression
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