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Q.

The Great Depression came in[[1]].


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Detailed Solution

The Great Depression came in 1929.
All industries were affected, but agriculture was the most severely hit. These two factors—agricultural overproduction and the US's withdrawal of loans—accelerated the post-war global economy's already-accelerating decline and pushed it closer to a depression. The US was also negatively impacted by the depression. Harvests went unsold, banks called back loans, firms failed, and banks started to cut back on domestic lending. The homes and cars belonged to those who could not repay their loans. People then began moving to areas where they could find employment. Many banks failed due to the collapse of the US banking system. It is known as the Great Depression.
 
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