What effect did the Wall Street crash have on America?

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2026-07-20 16:35

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The Wall Street crash of 1929 triggered the Great Depression, leading to widespread economic devastation in America. Unemployment soared as businesses failed, banks collapsed, and millions lost their savings. The resulting poverty and hardship prompted significant changes in government policy, including the New Deal programs aimed at economic recovery and social reform. The crash fundamentally altered Americans' views on the economy and the role of government in providing economic stability.

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