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.
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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