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The Factors leading up to:
The Great
Depression
1929 - Stock Market Crash
This was the initial ''spark'' that started the depression.
Bank Failures
Over 9,000 banks failed during the 1930's.
The U.S. Government raised tariffs to try to protect American industries. This worsened the economy, however.
Less Spending
People were panicking, and were afraid to spend their money. They saved it all, instead.
Foreign Trade Policies
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