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jan 1, 1936 - Keynesian Economics

Description:

Economic Depresssion: Unemployment --> People lose faith in the economy --> People don't spend money because they believe times will get rough --> Business fails because nobody is spending.

Getting out of economic depression: People have more money --> People spend on products they need --> Businesses now have money to hire more people.

Added to timeline:

10th AP U.S. History Timeline

ByGabrielle-Averil Casenet
26 Apr 2023
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Date:

jan 1, 1936
Now
~ 89 years ago
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