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What Was The Cause Of The Great Depression

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What Was The Cause Of The Great Depression
The cause of the great depression was brought on by crash of the stock market in 1929. This sent everyone into panic mode and all the banks crashed along with many other financial institutions. This caused people to lose their jobs, personal belongings, as well as their piece of mind. The great depression lasted a while and people suffered and worried over it. In 1939 things started to turn around for the best. “National income dropped by 50 percent and unemployment rose to an estimated 25 percent of the total labor force. At the same time, twenty million Americans turned to public and private relief agencies for assistance”. (Trotter, 2004) During the great depression the African Americans did suffer with many issues. They could not find a

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