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The Wall Street crash of 1929 led to widespread economic devastation in the 1930s, resulting in massive unemployment and loss of personal savings as banks failed. Many people experienced poverty and hardship, with families struggling to afford basic necessities. The crash also contributed to the Great Depression, prompting a loss of confidence in the economy and significant social and political changes as people sought government intervention and support. This period reshaped American society, leading to the implementation of New Deal programs aimed at recovery and reform.

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2mo ago

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