Movement Towards A New World — Social Science STD 9 — Question
Gujarat BoardEnglish MediumSTD 9Social ScienceMovement Towards A New World2 Marks
Question
What led to Great Depression in 1929?
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Answer
‘The Wall Street Crisis’ took place on 24th October, 1929 in America. As a result the Share market collapsed, leading to closure of many banks and industries.
This crisis shattered the American economy and subsequently the global economy.
The Great Depression Started in 1929 and continued till the end of 1932.
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