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Which of the following was not a result of the stock market crash in 1929?
Group of answer choices
People were forced to sell their homes.
Banks ran out of money.
People lost their savings.
Businesses increased population.
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Answer:
people lost their savings
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The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly half of America's banks had failed, and unemployment was approaching 15 million people, or 30 percent of the workforce. ·
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