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How the Crash of 1929 Caused te Great Depression

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$35.00

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How the Crash of 1929 Caused the Great Depression is a groundbreaking analysis using a previously untapped archive of data that expands our understanding of the causes of the Depression and of its protracted nature.

The book reveals that the Great Depression had two major causes. One arose in the business sector and constitutes the core of the traditional explanation of the events of 1929-33 given by economists. A precipitous drop in fixed investment by American businesses did indeed take pl...