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20 September, 21:06

What affect did the United States stock market crash have on the world economy

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  1. 21 September, 00:53
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    Wages fell 42 percent as unemployment rose to 25 percent. U. S. economic growth decreased 50 percent and world trade plummeted 65 percent. As a result of deflation, prices fell 10 percent a year between 1929 and 1933. Below you can see a chart tracking key events leading up to the 1929 stock market crash.
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