Archive for The History Of Recession
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You are browsing the archives of The History Of Recession.
The Harsh Recession After The Crash Of 1929
When the stock market collapsed other disasters soon followed but it was not just investors who were affected. The consequences were devasting.
Prices rapidly fell, trade withered, goods were stacked up unsold, factories closed, wages were cut and millions of people lost their jobs. As the Depression hit harder, [...]