Write a short note on the great depreciation of 1929. – InterviewSolution

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1.

Write a short note on the great depreciation of 1929.

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ANSWER:

#. it began after the stock market crash of October 1929, which sent wall Street into a panic and WIPED out of million of investors .

#. over the next several years , consumers SPENDING and investment dropped causing steep decline in industrial output.

#. EMPLOYMENT, as FAILING companies laid of workers.

I HOPE IT IS HELPFULL TO ALL .

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