1.

How did the economic crisis begin in the USA ?

Answer»

Solution :In USA, it began with the crash of the Wall Street Exchange in 1929, when USA could not recover its loans. Gearing a fall in price, people MADE frantic EFFORTS to sell their shares. On a single day, 13 million shares were sold. Factories shut sown, banks were bankrupt, exports fell, farmers were badly hit, leading to UNEMPLOYMENT.


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