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Three Causes Of The Great Depression

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During the 1920s, the United States stock market experienced expansion in August 1929. However by this time there were low wages, an increase of numbers in debt, and unemployment rises. Stock prices collapsed in September 1929. On October 29, 1929, also known as Black Tuesday, billions of dollars disappeared and investors lost money. This caused America along with other industrializations in the world, suffered from the longest economic downturn known. Overspeculation, government policies and unequal wealth distribution were three causes of the Great Depression.
The United States had to deal with the overbuying of stocks. People borrowed money and bought stocks with it. They did this to try and expected to make a profit. People invested money
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