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The good timesof the 1920's came to an end in October 1929 when the New York Stock Market Crashed. Many people were still buying Stocks with borrowed money. The prices almost dropped down to nothing. Many bankes failed, and people lost money in there accounts.
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The Great Depression started in October 29, 1929 and ended in the 1939s
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Dust Bowl Facts. During the 1930s there was a period of severe drought and dust storms. The ecology and agriculture in the Canadian prairies and the United States was damaged severely. This period became known as the Dust Bowl.
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The Depression hit hardest those nations that were most deeply indebted to the United States, i.e., Germany and Great Britain. In Germany, unemployment rose sharply beginning in late 1929, and by early 1932 it had reached 6 million workers, or 25 percent of the work force.
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The causes of the Great Depression in the early 20th Century are a matter of active debate among economists, and are part of the larger debate about economic crisis, although the popular belief is that the Great Depression was caused by the 1929 crash of the stock market.
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The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.
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Great Depression Fact 1:
The Roaring Twenties had been an exciting period in America with new inventions, technical innovations and changing lifestyles. The feeling of exuberance and invincibility disappeared almost overnight triggered by the 1929 Wall Street Crash and economic collapse in the United States. Great Depression Fact 2:
The Great Depression was aptly named reflecting both the long and severe recession in the American economy and the feelings of dejection and despair experienc -
The Great Depression Begins: The Stock Market Crash of 1929. The American economy entered an ordinary recession during the summer of 1929, as consumer spending dropped and unsold goods began to pile up, slowing production.
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The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.
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Great Depression Fact 1:
The Roaring Twenties had been an exciting period in America with new inventions, technical innovations and changing lifestyles. The feeling of exuberance and invincibility disappeared almost overnight triggered by the 1929 Wall Street Crash and economic collapse in the United States. Great Depression Fact 2:
The Great Depression was aptly named reflecting both the long and severe recession in the American economy and the feelings of dejection and despair experience
