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Detail the causes of the Great Depression. Reply shortly
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GPT 3.5
The causes of the Great Depression were a combination of factors, including:
1. Stock market crash of 1929
2. Overproduction and excess speculation in the economy
3. Bank failures and credit contraction
4. Decline in international trade and tariffs
5. Income inequality and unequal distribution of wealth
6. Agricultural overproduction and falling farm prices
7. Government policies that exacerbated the downturn.
1. Stock market crash of 1929
2. Overproduction and excess speculation in the economy
3. Bank failures and credit contraction
4. Decline in international trade and tariffs
5. Income inequality and unequal distribution of wealth
6. Agricultural overproduction and falling farm prices
7. Government policies that exacerbated the downturn.
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