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12 July, 07:01

Three important details The Great Depression

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  1. 12 July, 10:56
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    The stock market lost almost 90% of its value between 1929 and 1933.

    Around 11,000 banks failed during the Great Depression, leaving many with no savings.

    In 1929, unemployment was around 3%. In 1933, it was 25%, with 1 out of every 4 people out of work.
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