1/16/13

Main reasons

stock market crash- panic selling caused prices to fall. it as the beginning of the great depression.

bank failures-over 900 banks failed. many people lost their savings.

Europe- it helped protect American companies by raising the tariffs

impact on the economy-it caused banks to fail and started the great depression.

FDIC/CCC- they tried to find jobs for unemployed americans.

effects= it lost many peoples savings and closed many banks.

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