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Practice Reading: Fill in the Blanks (Dropdown) ID: #48163 Great Depression
Instructions
The  Great  Depression,  which  began  in  1929  and  lasted  until  the  late  1930s,  was  the  most    and  prolonged  economic  downturn  in  the  history  of  the  Western  industrialized  world.  Its  causes  are  complex  and  multifaceted,  reflecting  a  combination  of    and  international  conditions  that  conspired  to    economic  stability  and  confidence.  One  of  the  primary  causes  was  the  over-speculation  in  the  stock  market,  which  had  become  disconnected  from  the  real  economy.  Throughout  the  1920s,  the  U.S.  stock  market    rapid  expansion,  reaching  its  peak  in  August  1929,  after  a  decade  of  roaring  growth.  This  speculative  bubble  was  partly  fueled  by  the  widespread  use  of  margin  buying,    investors  borrowed  money  to  buy  stocks,  betting  on  continued  increases  in  stock  prices.  However,  when  the  market  began  to  decline  in  late  1929,  panic  set  in,  leading  to  a  catastrophic  crash  in  October.    

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