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Essay's paper info
Topic: American History
Number of pages / Number of words: 8 / 2010
Essay's paper body

(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...


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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 benefits for laid off workers...


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General points of the essay

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