Write the causes of economic recess of 1929
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The Roaring 20's. Before the world entered into an economic decline, the performance of the stock market was well above par, and the industrial output more profitable than it had ever been. ...
Ensuing Global Crisis. ...
The Stock Market Crash. ...
The Dust Bowl. ...
The Smoot-Hawley Tariff Act.
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Factors that cause a recession include high interest rates, reduced consumer confidence, and reduced real wages. Effects of a recession include a slump in the stock market ,an increase in unemployment,and increases in the national debt.
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