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Tag Archives: TOO MUCH BUYING OF CREDIT STOCKS

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Causes of the Great Depression

HistoryBy William Anderson (Schoolworkhelper Editorial Team)July 27, 201015 Comments

There are various explanations for the causes of the great depression that started in 1929. Some of the most likely causes are given below: 1. OVER-PRODUCTION AND OVER-EXPANSION During the decade of the Roaring Twenties, many industries expanded their production beyond demands. Much money was spent adding factories and building new ones There was an…

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