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History, 01.03.2021 21:50 mandy9386

How did unemployment cause the economy to get even worse during the Great Depression? 1 People had more time to spend on the farms and not enough time to travel to the cities to purchase necessary goods. 2 People were using their savings to buy the goods and services they needed to survive. 3 People took loans out from their neighborhood banks at very high interest rates and used this money to buy items they needed. 4 People had no money to buy goods, which led to more factories and businesses going out of business and more unemployment.​

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