It caused widespread panic and started a depression.
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President Hoover believe that the federal government should stay out of the affairs of the people, and did next to nothing in regards to the suffering of the people in yeb Great Depression.
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The French and Indian War began in 1754 and ended with the Treaty of Paris in 1763. The war provided Great Britain enormous territorial gains in North America, but disputes over subsequent frontier policy and paying the war's expenses led to colonial discontent, and ultimately to the American Revolution.
Explanation:
