Great Depression (1 авг 1929 г. – 4 апр 1933 г.)

Описание:

- Causes of Great Depression:
- Wages risen little comparing to the increase in corporate profit
- Speculating on stock market, buying on margin
- Over-production by business, workers with low wages cannot afford goods
- Farmer suffered overproduction, high debt, and low prices
- Government did not regulate business
- Weak European economy

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