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Outline the Causes of the Great Crash of 1929

Question 83

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Outline the causes of the great crash of 1929. Why did it come so unexpectedly? Should the great crash of 1929
been so unexpected given the rampant speculation in international financial markets, the international debt situation, a decade of relying on loose and easy American credit, the lack of any significant government regulation of securities markets, and the ability to purchase stocks and other securities "on margin"?

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The great crash of 1929 was caused by a ...

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