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Wall Street Crash (causes (agricultural recession (no one bought farmers…
Wall Street Crash
causes
rapid growth in bank credit and loans
mismatch between production and consumption
difference of income between rich and poor
rich tried to sell shares but poor people could afford them
agricultural recession
no one bought farmers product
prices fell
incomes fell
banks were bankrupted
weaknesses in banks
small and medium sized
false expectations
consequences
great depression
impact of great depression
social groups
countryside
cities
economic crisis