What Caused the Great Depression 1929? The Main Explanations
It ran from 1929 to 1941, with the bottom in March 1933.
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1.When did the Great Depression run, according to the Fed?
It ran from 1929 to 1941, with the bottom in March 1933.
2.How far did the Dow fall on Black Monday?
The next day it fell nearly 12 percent; by summer 1932 it was 89 percent below the peak.
3.Why is the crash called a spark, not the whole fire?
Many scholars say the crash alone was not big enough; people also bought far fewer cars and refrigerators afterward.
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Sources (6)
- The Great Depression (Federal Reserve History, Federal Reserve Board)
- Bernanke, "On Milton Friedman's Ninetieth Birthday" (Rede, 8. November 2002, Federal Reserve Board)
- Stock Market Crash of 1929 (Federal Reserve History)
- What Caused the Great Depression? (Federal Reserve Bank of St. Louis, Gespraech
- The Great Depression and Protectionism (Office of the Historian, US State Department, Milestones 1921-1936)
- Eigene Zuordnungsaufgabe: vier Aussagen
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