What were the causes of the great crash of 1929?
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The stock market crash of 1929 was not the sole cause of the GreatDepression, 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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The stock market crash of 1929 was not the sole cause of the GreatDepression, but it did act to accelerate the global economic collapse of which it was also a symptom.
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