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American History: The Great Depression

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The Great Depression The Great Depression was a period of time in the 1930s where a massive wave of unemployment, bank failure, and the stock market crash. the great depression is often remarked as the worst economic decline ever. “the years of the Great Depression marked the worst period of poverty and hardship in the twentieth century, both in North America and abroad.” (Great Depression) Its significance in american history can be described as a crisis. Moreover, the stock market crash was caused by a number of banks failing. “One contributing factor was a massive wave of bank failures.” (Great Depression) The stock market crash had been fluctuating over time, but had not failed as much during the 1930’s. The stock market could have

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