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The economy was on the up and up. An economic boom the states didn't see until after world war two. It was the roaring twenties! Everyone was happy, getting drunk in speakeasies and watching silent movies! Everyone was on the stock market having a good old time!
Then the stock market crashed, everyone pulled out their money at once, farmers and manufacturers made a surplus of goods, and thus the Great Depression happened. Kinda sad really.
Then the stock market crashed, everyone pulled out their money at once, farmers and manufacturers made a surplus of goods, and thus the Great Depression happened. Kinda sad really.
Political and economic situation in the United States after world war 1 led to the down in the production and lower job opportunity. The economic impact of the Great Depression was extreme human suffering and changed the economic policy.
What was the Great depression?
Great depression was the economic turn down for the America in 1929 till 1939. It led to the crash of the stock markets and investments went down.
The economy was not in good shape.The United States did not experience an economic boom until after World War II.The booming twenties were in full swing. Everyone was having a terrific time on the stock exchange.
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