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Adarsh Singh

SSC & Railways
General Awareness
2 years ago

How did the economic crisis begin in the USA?

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Vivek Singh

2 years ago

As and when the Economic crisis began, on a single day thirteen million shares were sold as people became frantic to sell their shares. Various factories were shut down, leading to reduced imports and reduced employment opportunities in the market. Final answer The economic crisis began in the USA when the Wallstreet exchange crashed in 1929, the USA could not return the loans and the period was followed by unemployment, bankruptcy and exports fell.

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