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Sedbober [7]
2 years ago
6

Question 34 (1 point)

History
1 answer:
PSYCHO15rus [73]2 years ago
6 0

Answer:

Castro seized American oil refineries.

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In 1929 everyone was putting their savings into stocks, not only the wealth part but the poor part too and because of that the stock market reached the peak in August 1929. But than the production declined causing unemployment and with that the stock prices were much higher than their actual value. The economy was struggling, the debt was rising and the banks had and excess of large loans that couldn’t be liquidated.

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The big change between the crises in the 20s and 30s were all about who was in charge, President Hebert Hoover didn’t take much lead about the crises but Roosevelt did.

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