The GREAT DEPRESSION in 4 Minutes
Economy | Information | History | Online | Facts | World | Global | Money
APUSH Test Stress? Review! https://www.youtube.com/watch?v=QXrBNizn7PI Notes on the causes and effects of the Stock Market Crash of 1929 and subsequent depression.
Comments
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hoi
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excellent explanation!
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Thats bullshit too far?
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You're awesome. Crashes are a bummer, but there's a moral to this story. Exploiting workers doesn't work forever.
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thank u for the portal ref
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What about the Fed not bailing out failing banks?
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black tuesday was on on oct 29
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THANK YOU SO MUCH!!! I understand now
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Thanks so much, I have a test today and I didn't study at all. Thanks!
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YASSS THANKS MAN
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What about the banks using deposited money to play the stock market what about the smoot holy act what about the Fed stop printing money this whole videos bullshit
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You talk too fast
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Now I understand ! I like the cake description! Now that makes sense!
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Do the battle of britain like this
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Come on I need to do a report
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you do know the crash did not create the depression, but you also fail to mention the inflation caused during 24 and 27 to deflate the pound which maid it look like prices were getting hire when they were not, false speculation
what caused the depression was the tariffs this resulted in other countries doing the same, and what are you talking about hoover was a big spender, he came up with Keynesian economics before Keynesian.
P.s. Keynesian economics don't work -
Herbert Hoover was no laissez-faire capitalist. He met up with the industrial leaders and got promises from them for higher wages. He also started public works projects and ordered governors in the states to do them. The reason for the depression was the Fed pumping in too much liquidity. The reason why the depression was Great was because Hoover and subsequently Roosevelt kept intervening. His own presidential library backs it up (http://hoover.archives.gov/exhibits/Hooverstory/gallery06/index.html)
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no mention of the federal reserve?..
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It great bro keep the videos coming !
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