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what is an economic depression?
The Great Depression
During an economic depression threes a lack of economic activity that can last for several years.
The Panic of 1873 caused an economic depression in the 1870s because banksacross the land closed .
Decreasing government spending.
what is an economic depression?
The Stock Market crash that occurred on October 29, 1929 is primarily responsible. It soon led to the worldwide economic downturn known as the Great Depression.
The Great Depression
too many ordinary people owning stock
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The Great Depression
instituted production cutbacks, which led to major layoffs
During an economic depression threes a lack of economic activity that can last for several years.
Hundreds of publicly traded companies failed during the Great Depression. This came as a result of poor economic conditions in the United States prior to World War II.
Economic prosperity.
Westerners were not affected by the economic depression in 1819. t or f
An economic depression is a sustained, long-term downturn in economic activity in one or more economy. An obvious example is the U.S. Great Depression.