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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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