drastic declines

What Are Three Facts About The Great Depression?

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What Are Three Facts About The Great Depression? 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%. … The average family income dropped by 40% during the Great Depression. What are 10

What Were The 8 Causes Of The Great Depression?

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What Were The 8 Causes Of The Great Depression? Irrational optimism and overconfidence in the 1920s. 1929 Stock Market Crash. Bank Closures and weaknesses in the banking system. Overproduction of consumer goods. Fall in demand and the purchase of consumer goods. Bankruptcies and High levels of debt. Lack of credit. What were the causes of