The late nineteenth century was characterized by a boom-and-bust business cycle of precipitous declines, followed by slow but steady recoveries. Why did the Great Depression of the 1930s fail to follow this pattern?

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The Answer of The late nineteenth century was characterized by a boom-and-bust business cycle of precipitous declines, followed by slow but steady recoveries. Why did the Great Depression of the 1930s fail to follow this pattern?

The Late Nineteenth Century Was Characterized by a Boom-And-Bust Business