History, asked by omarkhaledo950, 5 months ago

how market crash of 1929 and the financial crisis of 2007-2008 is similar?​

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Answered by prakashcor
0

Answer:

The 1929 stock market crash was the beginning of the worst economic contraction in recent history, and the 2008 crisis was similar in magnitude. ... In the 12 months following the economic peak in 2008, industrial production fell by as much as it did in the first year of the Depression.

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