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A bill passed that started everything involving the US econmy.
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Was a dinacal credit crisis. tried to drive up prices of stock to gain more money.
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We got land to expand on to find more oil production.
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Was a trade deficit.
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The econmy went south after the south tried getting at the north so it sucked.
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300 banks failed and fiancianal person J.P morgan prevented the down fall of all banks.
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The roaring 20's was an huge econmiic growth then until the great depression.
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The most devastating stock crash in history causing what we know as the Great Depression.
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After all the world spending for world war 2 and all the people basically had employment this was known as a boom.
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A nuclear war almost another world war.
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Desagnated over 100 million acres of land and it was for the oil reserves.
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The buildings went down and so did our econmy because everything was down for a while.
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Bush made the third biggest tax cut by cutting it 350 million dollars.
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The bill was passed so we would not have another econmic collaspe like we did in 2009.