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TCI Ch. 30: The Causes of the Great Depression (p. 383)
Describe how each of these were significant to the Great Depression: --Black Tuesday, stock market crash, buying on margin, Hawley-Smoot Tariff Act Describe the causes and effects of overproduction and under-consumption during this time period. Name and describe two actions the U.S. government took that made the Great Depression worse. Define ‘speculative bubble’, and then list four examples of speculative bubbles from the past and at least one way that a speculative bubble might affect your life today.
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