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Unformatted text preview: 1. Causes of the great depression a. The speculative market boom of 1928 2. Lasting impressions a. Elevated new groups (farmers, workers, and others) to power (farmers who owned their own land)(workers b. Contributed to the economic development of the west and south (building dams) c. Helped stabilize the stock market and Banking system (FDIC, insurance with banks, SEC controls wall street) d. Provided the government with tools to promote and regulate growth e. Created the basis of the federal welfare state....
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- Fall '08