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12 August, 18:43

Describe four causes of the Great Depression. Then explain how the Great Depression impacted Oklahoma.

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  1. 12 August, 19:00
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    The Great Depression was a result of surplus product and surplus capital. The peak of financial boom of the economy resulted in a sudden drop. The unmanaged financial obligations on loans, investments, and products that were no longer in demand created massive unemployment and crash of businesses.

    This made an impact on Oklahoma when it experienced drought during this time. Japan was still agricultural based economy more than half of its population were unemployed.
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