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causes of great depression

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causes of great depression
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  • Overproduction- Industry
  • im so tired we have been working for hours
  • Overproduction- Farming
  • how will i feed my family
  • wow , so you telling me that if i buy a hammer its worth a lot later .
  • Speculation
  • did you guys get the news that if you buy a hammer its worth so much later .
  • wow i need to tell my friends bout this
  • wow i should go get a hammer
  • over production in both factories and agriculture causes the price of goods to decline
  • Buying on Margin
  • to many crops result in prices decline .as a result farmers canot repay their debt and lose there farms .
  • Shaky Banking
  • i got so much dept can i still loan money from the bank
  • people were speculating about the value of stock and rushing to buy more and get rich
  • Restrictions on International Trade
  • banks were making bad investments and companies were going out of business
  • yes ,thats what we are doing
  • there is no way i will be able to pay the bank back
  • foreign
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