test may start on Monday.
Effects
Banks failed Investors lost millions
cut production and layed off workers
great depression sets in
Depression spreads to Europe and other parts of the world
Taxes benefited the rich
Impact
Government became larger
Deficit spending started
The new deal creates many organizations that are still around today-social security
Fascist,military and communists dictators come to power throughout the world
John D. Rockefeller
Put little to no money in to the stocks because he did not trust the stockmarket
Calvin coolidge
His belief was to do nothing
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