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1932 and 1933 are usually considered to be the worst of the Great Depression years. In 1932, the GNP fell a record 13.4 percent and unemployment rose over 23 persent. By 1930, industrial stock had lost about 80 percent of their value since before the Crash. 10,000 banks had failed and about $2 billion in deposits had been lost.

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13y ago

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