The Great Depression Jacob Marsh

The Great Depression Jacob Marsh
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  • In the 1920s stockmarkets were rising with the lowest point in 1921 and the peak in 1929.
  • Bank
  • There was an excess supply of housing and a large drop in construction.
  • Until October 24, 1929 when the stock market crashed known as black Thursday. 
  • People took all the money out of the banks prices went up and the amount of money went down.
  • Unemployment was at an all time high of almost 25 percent and trading cost inflated.
  • in attempts to recover the United States tried devolution of gold which just separated gold from currency but the great depression was ended through reduce in spending and taxes.
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