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Explain the importance of the Great Depression on the American and the World economy? What were three of the major causes of the collapse during the Great Depression?

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Funsizelove838

Question 1:
There were sparking fundamental changes in economic institutions, macroeconomic policy, & economic theory.
Question 2:
1) Stock Markets Crash of 1929
2) Bank Failures
3) Reduction in purchasing across the board

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