America's Reaction To The Great Depression

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The roaring twenties was a time period where many American’s spent a lot of money. One thing that many Americans put money into during the roaring twenties was the stock market. But, not long after the roaring twenties, the Stock Market Crashed in late October 1929. The crash signaled the beginning of the 10-year Great Depression that did not end until World War II at the end of 1941. After the crash of the stock market, banks began to immediately feel the effects. Many people out of fear of losing their lifesavings pulled all their money out of their bank accounts. This reaction to the crash caused banks to lose money fast and they scrambled to get people to pay off debt. Not before long, many banks failed and went out of business, but
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