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Surname 1 Name Instructor Course Date Hard Times 1. We often think of the 1929 stock market Crash as the beginning of the Great Depression. What factors were present earlier in the 1920s that signaled problems in the economy? In 1920s the stock market was rapidly expanded reaching its peak. Among the factors that signaled the problems in the economy were high rate of unemployment and low rate of production. There was also poor remuneration of workers, the agriculture sector weakened and huge bank loans which were not easy to liquidate. 2. How did the Great Depression affect African Americans, Mexican Americans and Asian Americans? How was race a factor in terms of how some individuals experienced the Great Depression? After the great depression the African Americans, Mexican Americans and Asian Americans were the first to lose their jobs. The rate of unemployment among them was more than that of whites. They also experienced deportation to try and increase the jobs for the whites and native born citizens. They also received less support and some organizations excluded them in their charity works.
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