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Many nations lowered interest rates to stimulate the economy. Britain used there foreign colonies to trade among the empire and place tariffs on goods imported outside the empire. FDR issued the new deal which began the construction of many public works which would create many new jobs in the US. These reforms aided the economy, however depression still resided until the end of the 30s.
Following the 20s was the greatest economic slum in world history mainly because of falling wages and prices, drop in business activity, and an increased high rate of employment. Among this time of economic depression, reforms were issued, jobs were lost, and weak governments crumbled...
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Common topics in this essay:
- Great Depression
- Great Depression
- Great Depression
- Great Depression
- the great crash 1929
- Great Depression of 1929
- The Stock Market Crash Of 1929
- 1929 Stock Market Crash
- Stock Market crash of 1929 (present form)
- The Correlation between the Great Depression, and the Depression of the Millennium
- The Great Crash of 1929
- 1929 Stock Market Crash
- 1929 Stock Market Crash
- The Causes Of The Great Depression
- The Course Of The Great Depression
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