The great depresssion

The great depresssion
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  • The great depression
  • The great depression was the most economic downturn in the history of the industrialized world,lasting from1929 to 1939.
  •  when it began
  • It began after the stock market crash of october, which sent wallstreet into panic and wiped out millions of investors.
  • The great depression
  • over the next several years, consumer spending and investment dropped.
  • The great depression
  • when the great depression reached it low point,some 15 million americans were unemployed and nearly half the country's banks had failed.
  • The great depression
  • in fall of 1930,the first of four waves of banking panic began. 
  • The great depression
  • As large numbers of investors lost confidence in the solvency of their banks and demanded deposits in cash.
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