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Earn +20 ptsQ: Approximately how much money did Americans lose in the crash of 1929?
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Continue Learning about U.S. History
What is a major cause of the Great Depression?
There were two main reasons for the great depression. The first was inflation, chiefly caused by the federal government flooding the economy with money. The second was the great stock crash of 1929, which destroyed the fortunes of millions who had suddenly had too much money at their disposal.
What was the wall street crash in 1929 and how did it affect American life?
Within a short amount of time 100,000 companies were forced to shut down due to the wall street crash in 1929.
What year did wallstreet crash start the great depression?
The Great Depression started in 1929 and lasted 10 years to 1939 .
Where did Black Tuesday occur?
That term refers to the Wall Street crash of 29 October 1929.
How much in today's money is 16 billion dollars in 1929?
16,000,000,000 in 1929 is$198,555,666,418.22 in 2009
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