What Is The Conclusion Of The Great Depression

What Is The Conclusion Of The Great Depression
In conclusion, The Great Depression is a time when the United States economy first went into an economic recession. Countless people suffered from
the phenomenon; it's an incident numerous people consider to be the most devastating period of time the world has yet to witness.
Alternatively, starvation has been a grave result of TheGreat Depression. The decline of personal income, together with the droughts and dwindling
numbers of food supplies, formed a widespread wave of starvation. By the end of The Great Depression, tens of thousands were suffering from
deficiencies, such as pellagra, anemia, and malnutrition. Many starved to death after proving unable to endure the torment much longer.
If you think times are tough now, you should think
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The Effect Of The Great Depression Essay
There is much debate as to what caused the Great Depression. There was certainly the short–term trigger of the Stock Market Crash of 1929, but there
are also long–term causes that manifested itself during the 1920's. Whether it is the shift from coal to electricity that negatively affected those
invested with the old technology, or a shift more to trucks and cars to transport goods instead of railroads, or perhaps that farmers were losing their
farms because over over–investment during the late 1910's, many factors can be identified as a cause. But we can also look at the consumer as one of
the root causes, as well. Consumer behavior contributed heavily to causing both the stock market crash and the Great Depression.
Consumerism and its accompanying advertising exacerbated the conditions that led to the Great Depression. First, consumers spent a lot of their
income on new products and they were persuaded to do so through advertising. The 1920's brought about changes in American culture, like music,
sports and literature. But in addition to those, cultural attitudes toward women also began to shift. The double standard that had plagued women was
now being lifted and that opened up an entirely new market for businesses (Payne, 33). The advertising industry expanded their targets and utilized
what they learned during World War I (from Creel's Committee for Public Information) in how to not only let customers know what products exist, but
to entice and persuade

The Great Depression Argumentative Essay
This paragraph is about the American dream, and if it was ever achievable. So first off, what is the American dream? The American dream is the
opportunity to become successful. No matter what color you are, what your religion is, not even if you're poor or not. Also, the American dream
can be different for everyone, someone might want a husband/wife and children, while others might want to become famous or rich. It depends on
who you are. The American dream has always been achievable, back in the 1900's the ideal dream was to have a husband/wife, have children, and
live in a quiet neighborhood and be happy. Now, it's grow up, go to school, get a job that pays a lot, and be known be everyone. The dream is still there
it just takes a lot more...show more content...
The Great Depression was a major breakdown in the American economy, and it left about 13 million people unemployed. People in stocks, banks,
the economic world, and millions of people were affected by the downfall, and for ten years. Over 200,000 people migrated to California during
the Great Depression, and in the 1930's the dust bowl came. The dust bowl was a storm full of dirt and dust that happened because farmers were
trying to farm quicker and this meant tilling, and turning the soil too much for the land. This meant a drought was on its way. In January 1932,
100,000 banks failed to do their jobs because the economy was doing so horrible. This paragraph is about John Steinbeck, the author of Of Mice
and Men. He was an American novelist, he wrote 27 books. John was born on February 7, 1902 and died December 20, 1968. He decided to
become a writer at the age of 14, and he used to lock himself in his room and just write. John had married three women, and the third one was still
alive when he died. "John is an important author because he was working hard to make the books let the people know how life was like during the
Great Depression. He was the voice of the people of the Great Depression." (Unknown/someone in

Life During The Great Depression
Great Depression
The great depression was a period of unpredicted decline in the economy. It occurred between 1929–1939 when the stock market crashed. During this
period prices skyrocketed so high that many were forced out of business or had to sell to make a profit to provide for their families. As well as many
farmers faced harsh times due to the weather being so dry they were unable to harvest crops to make profit to sell to support their families. The biggest
cause of the Great Depression was the banks which played a huge role in the depression because they oversaw the money and interest rates.
Many say the banks were the main reason for the unraveling events of the Great Depression. Making risky loans that barrowers could not pay back,
due to the amount of money going out and not enough coming in. When the economy slowed people went back to the banks to get their money they
invested to save for a harsh period like the Great Depression to find out its been drained which forced the banks to begin calling back loans and
foreclosing on people. Even after recalling all the loans the bank still was short the cash to reimburse the hundreds who lost their hard–earned cash.
Which devastatingly led to many banks failing leaving them to shut their doors. Life during the Great depression was...show more content...
The Great Depression broke Americans trust they held within the government which took recovery to instill the trust back into the hands of the
government. I do not believe the Great Depression could have been avoided, we do not live in a world where we can know what's going to happen
every second. But, I do believe if the government would have worked together from the beginning the Great Depression would not have ended the
way it did, we simply don't know how long the Great Depression could have lasted if the World War II never came to

The Impact of the Great Depression Essay
The Impact of the Great Depression
The stock market crash of 1929 sent the nation spiraling into a state of economic paralysis that became known as the Great Depression. As industries
shrank and businesses collapsed or cut back, up to 25% of Americans were left unemployed. At the same time, the financial crisis destroyed the life
savings of countless Americans (Modern American Poetry). Food, housing and other consumable goods were in short supply for most people (Zinn
282). This widespread state of poverty had serious social repercussions for the country.
America's agricultural economy had already been suffering for a decade when nature conspired against the country to exacerbate the Great Depression.
From 1931 through 1939,...show more content...
Everyone scrounged about for small, labor intensive jobs at low wages. Even women and children had to work to subsidize the family income. The
recently homeless lived in shantytowns nicknamed "Hoovervilles" after President Hoover who was moving slowly and ineffectually to deal with the
Depression (Wikipedia). Little food was available and many had to search garbage heaps and other such locations for any kind of sustenance. The
economic crisis had ushered in a decade of unprecedented mass poverty and poor living conditions.
Herbert Hoover, the president in office when the Great Depression hit the country, did very little to ameliorate the devastating situation. Hoover
underestimated the seriousness of the crisis, misdiagnosed the causes of the problems, and clung to his beliefs in individual achievement and self–help.
His corrective measures, aimed at inflation and the federal budget, were thus damaging themselves. Furthermore, he hesitated to mobilize government
resources to aid Americans and instead appealed to private groups to lend a hand (Encarta). Thus Hoover's administration did little to mitigate the
impact of the Depression.
With no relief in sight from the government or anyone else, people's anger and resentment grew. The Communist party and other socialist groups saw a
swell in their numbers. Labor strikes and protests against the government began to erupt. The most notable of these was the Bonus Army March on
Washington. More than

Essay on The Great Depression
The Great Depression was a time of sadness and poverty for many. It became an unforgettable historical time in American history. The author of the
book The Great Depression, Pierre Berton gives a clear view of what happened from 1929–1941. He basically outlines the Depression event by event,
explaining what happened where and who was involved. Although many books can tell stories of the depression, I think the author of this book did a
good job getting all the facts and letting the reader know exactly what happened.      It is easily shown that the author,
Pierre Berton, didn't show much opinion in this book. He mainly focused on just the facts. He would however give some personal views of reasons for
certain...show more content...
The sluggish economy drastically reduced the quantity of goods and services bought and sold. The industrial and financial urban centers suffered
from large numbers of business failures, which came about in 1932 with over 30,000 failures world wide. Almost 2500 banks were forced to close
their doors because of lack of liquid assets. Because of these massive closings and shut downs, it led to massive unemployment. Unemployment was
at an unheard high of 25 percent in 1933. As a result of this, children received inadequate nutrition and healthcare. Starvation had become an
everyday occurrence. Some unemployed were evicted from their homes and left in search of jobs or charity. Between 1928 and 1932, the suicide
rate in the US rose 30 percent because many people who had lost everything had committed suicide in shame of their losses.
     According to Pierre Berton, the depression in both rural and urban areas demonstrated the inability of the US
economy to cope with the impact of the of the stock market crash. Everything that could go wrong did for the citizens living in America in the 1930's.
The author explains three main ideas of why the economy took so long to recover for the market crash according to economists. One being that
inequality of wealth and income lead to instability and set the stage for the big impact the depression had on those at the bottom of the economic world.
Secondly the industrial

Thesis For The Great Depression Essay
The Great Depression Thesis Paper
The Great Depression lasted from 1929 to mid 1940s. It was a time of misery and suffering for everyone around the world. The stock market crash
caused millions of people to end up without a job and hungry. Up to 7 million people worldwide lost their lives. This devastation made many families
start over and begin again.
Black Tuesday, October 29, 1929 was the official beginning of TheGreat Depression, the day the stock market crashed. The stock market business was
the way of getting rich, now was a way to go bankrupt. The government determined people invested in stocks lost $40 billion. People were so far in
debt that they could not pay back the banks. 13 to 18 million people across the world had no work...show more content...
After that people had no money in their bank accounts, or in their pockets. Many people traveled on foot looking for a place to work, not being very
successful. These people were mostly teenagers, but you could also find groups of families and friends traveling together.
The Great Plains had become a home for 2.5 million people by 1940. 200,000 others had fled to California. Thousands of people had also set up camps
at the Great Lawn at Central Park in New York. Most of these people dined in soup kitchens after a day of looking for a workplace.
The presidential election took place in 1932 with Franklin D. Roosevelt against Herbert Hoover for reelection. Hoover didn't stand a chance against
Roosevelt. The people had hopes that Roosevelt would help solve their problems and end the depression faster. In fact, they disliked Hoover so
much people who lost their homes had to move into what they called "Hoovervilles", which were crummy places. Roosevelt after becoming president
spoke this to the people of America "Let me assert my firm belief that the only thing we have to fear is fear itself– needless, unreasoning, unjustified
terror which paralyzes needed efforts to convert retreat into advance." After Roosevelt was elected people started to realise they had to start doing
something to get back to their normal

Women in the Great Depression Essay
The Great Depression can be a tough subject for most people, but still inspiring to others. The Great Depression was a very difficult time for America
as well as women. The women of the Great Depression struggled through many trials, as did many others in the United States, but they were able to get
through it all. The women of the Great Depression worked their hardest to stay true to themselves, and their family, as well as, to keep a job, a stable
household, and for some, a strong marriage.
Women primarily worked as teachers, nurses, and telephone workers, but when the Great Depression hit, women began to be fired from their jobs.
Plus many men disagreed with women working during the Depression, especially if they were married to working...show more content...
The fortunate middle class Americans unexpectedly, during the Great Depression, didn't even look twice at the luxuries of the world. Just as any
American during that time, they had their focus on the necessities of life such as food and shelter. Many worried about losing their home because
they could barely keep up with the paying bills. As a result, the Homeowners Loan Corporation (HOLC) helped refinance home loans supporting
Americans and allowing them to stay within their homes. Many middle class and upper class women began writing their own personal budgeting
accounts to help them pay bills as well as food. They also taught other women how to properly budget their own small sum of money. They
budgeted to help them keep control of the money they had and make sure that they had the right amount of money with them all the time. In an
article written by Richard C. and Sharon M. Hanes told a little bit about a lady and how she and other women handled money for the food for their
family and others saying, "...prided herself on "making do" when feeding her family. If very careful, a woman could feed a family of six on five
dollars a week...Mothers could make a pot roast last an entire week...Vegetable gardens sprang up in backyards and vacant city lots. Women did their
own canning, pickling, and preserving..." (Hanes). These women were inspiring and thought of the most interesting

The Great Depression is remembered as one of the all time lows for economic and financial growth in American history. Companies were unprepared
for the economic turmoil that erupted on October 29, 1929 (Buronio, 2012). In order to never repeat the same economic turmoil in the 20th century,
companies must constantly be aware of the fault lines that could lead to failure. In some cases, companies must reinvent themselves if they want to
survive over a long period of time (Bertolini, Duncan, Waldeck, 2015).
An article called ", Knowing When To Reinvent," was composed by three company leaders, one being a CEO, to inform other company leaders about
potential fault lines that have caused many companies to have downfalls. However, to prevent economic downfalls, the authors compiled a list of the
downfalls and how to avoid them. Many companies have taken what seemed to be drastic measures to be successful in a changing marketplace. The
thesis outlines the five fault lines within the article which are: customer needs, performance metrics, industry position, business model, and talent and
capabilities (Bertolini et al., 2015).
Several key points are presented in the article for how companies can be successful. The first, is that companies must be innovative and be willing "to
change their core products or business models" (Bertolini et al., 2015, p. 90) to keep up with the change in the marketplace. This may require that they
rebrand their product, or change their business

A Response to the Great Depression Essay
A Response to the Great Depression
The Great Depression of the 1930s was the economic event of the 20th century. The Great Depression began in 1929 when the entire world suffered
an enormous drop in output and an unprecedented rise in unemployment. World economic output continued to decline until 1932 when it clinked
bottom at 50% of its 1929 level. Unemployment soared, in the United States it peaked at 24.9% in 1933. Real economic output (real GDP) fell by
29% from 1929 to 1933 and the US stock market lost 89.5% of its value. Another unusual aspect of the Great Depression was deflation. Prices fell 25%,
30%, 30%, and 40% in the UK, Germany, the US, and France respectively from 1929 to 1933. These were the four largest economies in...show more
content...
Many children had to quit school in order to help support their families, even if they only sold apples and pencils on the city streets – every little bit
helped. In response to this tragedy, when President Roosevelt took office in 1933, he feverishly created program after program, known as the "New
Deal." These programs were created to give relief, create jobs, and stimulate economic recovery for the United States.
In Germany the economy was especially vulnerable since it was built out of foreign capital, mostly loans from America and was very dependent on
foreign trade. When those loans suddenly came due and when the world market for German exports dried up, the well–oiled German industrial
machine quickly ground to a halt. As production levels fell, German workers were laid off. Along with this, banks failed throughout Germany.
Savings accounts, the result of years of hard work, were instantly wiped out. Inflation soon followed making it hard for families to purchase
expensive necessities with devalued money. Overnight, the middle class standard of living so many German families enjoyed was ruined by events
outside of Germany, beyond their control. The Great Depression began and they were cast into poverty and deep misery and began looking for a
solution, any solution. By mid–1930, amid the economic pressures of the Great Depression, the German democratic government was beginning to
unravel. The crisis of the Great Depression

Great Depression In Germany Essay
Prior to the Great Depression, Germany was already in a poor economic and political state. More than 6 million Germans were out of work. Germany
also had to pay massive reparations for supposedly being solely responsible for all the destruction that WWI caused, and the government was unstable,
with several parties vying for power. The current government, the Weimar Republic, was losing support and there was no clear successor to be the new
government of Germany. How did the Great Depression affect an already gloomy Germany? How did Hitler and the Nazis take advantage of the
economic crisis? In 1920–1923, the inflation of the German mark led to the decrease of private capital in German merchant banks. These banks had no
choice but to take the...show more content...
Unemployment was on the rise and personal income on the fall. The government's budget was in the negatives and industrialists were insisting on
lower taxes for employers and capital, while also insisting on higher taxes on the working class. It was this new tax that led to the dissolve of the
coalition of the parties of the Weimar Republic. The Reichstag was dissolved soon after. The new head of the Weimar Republic enacted more taxes to
push the working class further into poverty. The election in 1930 show the correlation between economic crisis and political radicalism. The right–wing
parties, with their traditional voter base of Protestants and the middle class, no longer had sufficient support and their voters went to Hitler's party, the
National Socialists. This sudden rise of support for National socialism was the result of the radicalization of the middle class (Frey, Bruno S. Effect of
the Great Depression, 410). The unemployed, and the employed who felt their jobs were not secure, in a last–ditch effort to save their social status,
took to supporting radical parties. There was also a large number of first–time voters without party affiliations who were easy targets for the

The Great Depression And World War II Essay
From 1929 to 1945, two catastrophes occurred: the Great Depression and World War II. American political leaders established a cause
–effect
relationship between economic collapse and total war, based on these two events, which defined their policy approach in the post–war period. In the
1930s, American leadership, and most importantly, President Franklin Delano Roosevelt, came to view economic decline, political radicalization, and
instability as forming a vicious cycle that led to utter chaos and war. Although FDR did not know the future consequences of the economic fallout, he
did know that breaking the cycle was of systemic importance. FDR's policy platform, known as the New Deal, disregarded the historical wariness for
government intervention and boldly connected economic security to freedom. Essentially, he attempted to push the American system to its limit in
order to save it. Even with conservative elements constantly attempting to restrain his initiatives, FDR expanded his focus in the latter years of the
1930s to include international affairs as war broke out in Europe, Africa, and Asia. FDR and other government elites openly talked about the
responsibility America had to build a new world order. Before further analyzing why American leadership correlated economic insecurity with armed
conflict, it is important to understand whom that leadership included. Riding a wave of public discontent, FDR won a landslide election in 1932,
ushering in an era of government

The Great Depression Research Paper
Putting the Great in The Great Depression The stock market crash in 1929 had a devastating effect on the American citizens and people around the
world. Thousands of men and women were out of work, banks were being closed, people lost all their hard–earned savings, families were being
evicted from their homes, food was hard to attain, the world was in a dismal and desperate state. In one form or another the Great Depression troubled
everyone. However, there was a lot of good and success that occurred during this dark time. As author and English professor Marianna Torgovnick
states " the Empire State Building, the Chrysler Building, King Kong... Fred Astaire, Shirley Temple... Joe DiMaggio, Amelia Earhart, Dracula Films,
the Lone Ranger, Superman,...show more content...
Many of the beloved, classic films that are still watched and cherished today, were released during the Depression era. King Kong(1933), Gone
with the Wind (1939), The Wizard of Oz (1939), are all movies that were released during the height of the Depression and reflect the country's
attitude. Hollywood was luckily to be able to survive the economic downturn and continued to create movies. Iconic actors and actresses such as
Fred Astaire and Shirley Temple made their debut during this time and they quickly became popular and well loved by all of their viewers. Gigi
Cortese a survivor of the Great Depression said "Do you know how I survived those days? It was going to the show every Sunday to see Shirley
Temple, but I tell you, she was my inspiration to go on living" (Survivors of the Great Depression). The movies were an inspiration to all, no matter a
person's trouble, it could be escaped by running to the movie theater for a few hours and partaking of the moving art on the

Argumentative Essay On The Great Depression
Sleepless nights, drowning debt, suicide attempts, and the inevitable fall towards unemployment. These are the things that not only make up but
almost define the title "The Great Depression." The Great Depression was a collapsing disaster. One after another, the government along with society
fell to their knees. Stock markets crashed leaving most Americans bankrupt and on their own to support themselves and their families off of loose
change. Jobs were as rare as ever, people went unemployed left and right. People were left to fend for themselves on the streets with no roof over their
heads. This along with everything else, took a tremendous, emotional toll on society. Some even saw no other options than ending their lives. TheGreat
Depression had an emotion drenching and ground breaking effect on the generation to go through it.
One of the first things that led to a crashing course of events was the people financial tragedies. According to one person who had lived through
that time, "We weren't hungry but we were penniless" (Hastings). The use of the word "penniless" really represented how people had zero money.
This was not the type of poverty where society was not able to afford self wants. This was the type of poverty that people could barely afford their
own needs and necessities. It's very important how stressed this topic must be. Another quote says "With no dependable income we cut back on
everything possible." (Hastings). That means even the simplest things such as toothpaste and towels. This time period,1930s, was the greatest stock
market crash. Stock markets crashed simply because of many economic failures, and when this happened many people were left with nothing. "Most
Americans, of course, owned no stocks at all, so they were not in danger of going bankrupt overnight" (Hayes). This quote from the text was brought
up to show how mostAmericans did not even own stocks because it was a perfectly common thing for someone to end up with nothing in less than 24
hours, "overnight." Althoug h, stocks were not the only reason people had no money. Credit and banks failing had a huge part in that as well. "Banks
stopped lending money. In 1930 and 1931, many banks failed, and customers lost all their

The Great Depression Essay
Introduction:
The world had faced two main economic problems. The first one was the Great Depression in the early of 20th Century. The second was the recent
international financial crisis in 2008. The United States and Europe suffered severely for a long time from the great depression. The great depression
was a great step and changed completely the economic policy making and the economic thoughts. It was not only an economic situation bit it was also
miserable making, made people more attention and aggressive until they might lose their lives. All the society was frightened from losing money, work
and stable. In America the housing market was the main factor of the great depression. A crisis of liquidity appeared in the banks forming a credit
crunch. This period was influenced by over extended stock market shortage of water in the south and over trusting. The American government put down
some regulations to control the productions which were essential for the war.
Literature Review:
Great Depression:
The great depression hadn't appeared before in the history of the economic field. It was something unprecedented. Some countries recovered during
a decade while others not. This depression affected the smallest individual tin the society even farmers were affected. This collapse created a special
case which was known as bowl. In the west a catastrophe appeared from August 1929 to March 1939. It affected the economic field very severely for a
long period. In spite of being

The Great Depression is probably one of the most misunderstood events in American history. It is routinely cited, as proof that unregulated capitalism is
not the best in the world, and that only a massive welfare state, huge amounts of economic regulation, and other interventions can save capitalism from
itself. The Great Depression had important consequences and was a devastating event in America, however many good policies and programs became
available as a result of the great depression, some of which exist even today. When the stock market crashed in October 1929, the nation plummeted
into a major depression. An economic catastrophe of major proportions had been building for years. The worldwide demand for...show more content...
It was a time when federal and state officials were still developing work programs for the unemployed. This great industrial slump continued
throughout the 1930's, shaking the foundations of Western capitalism. When the Depression began, there was no federal relief for the unemployed
or assistance for families facing starvation. Some states operated relief programs but curtailed them due to declining tax revenues. Religious and
charitable organizations provided relief in many urban areas; however, in many of these organizations operating in the North as well as the South,
there was a lot of discrimination and racism, which excluded African Americans from their "soup kitchens." In communities where relief work was
offered through state agencies, African Americans were given less in monthly aid than white applicants. The reason I am referring to African
Americans is because I have recently read a book that dealt mostly with the great depression and welfare programs. This book is called "There are
no children here" and it is written by Alex Kotlowitz. This is not about a fictional story of hardships and struggles but rather it is a harsh reality that
exists in this country, one to which we turn our backs and close our eyes to daily. This book is touching only if you understand and acknowledge the
facts that perpetuate poverty and welfare dependency in the United States. Although I learned a lot from this book I

Essay about Effects Of The Great Depression
Effects of the Great Depression The introduction of the discussion will focus on the origins of the Great Depression and the escalating events that led
to it. This will provide adequate foundations to bring up questions and attempt to answer them in an objective fashion as to why and how the
Depression affected different industrialized countries in different ways.
The core of the debate will consist of detailed comparable analyses of the consequences of the Depression with an emphasis on the economic aspects.
The conclusion will provide a brief overview of the ways used by the different governments to get out of that dark episode of world economic history.
When studying the Great Depression and...show more content...
Clearly, the U.S. was going from being a traditional debtor of
Europe before World War I to becoming its creditor: America had financed the war and it was issuing loans for its reconstruction.
However, the attitudes in the U.S. were evolving in an unusual direction: an increasing number of American financiers were starting to literally seek ut
potential borrowers which led to competition among U.S. banks and the spreading of unsound lending.2 The main object was to "do the most
business", even at the expense of essential caution. What seemed like a beginning of recovery from the Great War, was in fact an immense
accumulation of debts, which made the international economic order vulnerable to depression. Analyzing these events with the insight we have today,
they seem even more unbelievably audacious given the high instability of the borrowing nation. (i.e., Europe)
The triggering event was the crash of the Wall Street stock market in October of 1929. The stock market collapsed after steady declines in production,
prices and incomes over three previous months which forced the speculators to revise their expectations. Anxiety soon gave place to panic which led to
the crash. However, the depression affected the different industrialized countries in various ways and degrees of intensity.
The depression was of especially great magnitude in the U.S. because there were not any welfare

The Great Depression: A Narrative Analysis
The main thing we need to learn from the great depression is that we can't put all our trust in big banks like this. Everyone put all their money and
trust into the stock markets and they lost everything. If people had been more wary of what they're doing they're doing with their money this might
not have happened. The first picture shows a boy with a presumably unemployed father. The worst part about the depression is that it wasn't just
affecting the people who made the mistakes, it was affecting the younger generation as well. These people's children needed to live in poverty
because of a stupid mistake made by their parents. The second picture shows a group of men who unemployed and can't even take care of their
families. These men were

Depression has a voice, a dark and entrancing voice, luring you into its pain. It tells you how terrible you are, grows and grows, replays every
mistake in your life, and humiliates you daily; it makes happiness impossible and friends a difficulty. It's the darkest, ugliest shade of colors, that
permanent paint that won't come out. Once this color finds its way onto your canvas, it will unravel over your beautiful art. Cover up who you really
are and you'll hurt inside. There are people in this world that have known darkness for so long that they know how to hide it, they've had their 3AM
thoughts of pain and torture. People can cover it up with a smile and positivity and you'll never see them break down. They refuse to feel, they don't
connect

What Is The Conclusion Of The Great Depression

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What Is The Conclusion Of The Great Depression