How Black Tuesday in America Plunged the Capitalist World into Depression

This persuasive essay argues that the 1929 collapse of the American stock market (Black Tuesday) sent shockwaves around the world that resulted in the Great Depression. The student discusses how mass speculation (1928-1929), loans to war-torn Europe, and acute inequality and the resulting oversupply that ensured global repercussions.
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3
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755
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