Economy, asked by dsajan475, 8 days ago

"Modern Macro Economics is the offshoot of the Great Depression of 1929."- Write any three points to support the statement.​

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Answered by Anonymous
5

Answer:

The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%.

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