Book Creator

The Great Depression

by Luke Hoos

Pages 4 and 5 of 10

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Those 3 causes led to, Black Tuesday...
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Black Tuesday - October 29, 1929 - The big stock Market Crash. Panic, fistfights and even people fainting was a result of this. Absolute devastation and as a result $14 billion all gone.
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So, what comes as the result of Black Tuesday?
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It creates a ripple effect throughout U.S. economy, it does not actually CAUSE the Great Depression, instead it just sets it loose.