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History 7: The Great Depression, the New Deal and how it changed our economy

Planet Money Summer School

CHAPTER

The Road to the Great Depression

This chapter examines the economic conditions in the United States before the Great Depression, emphasizing the reliance on laissez-faire capitalism and the growing wealth inequality and debt. It recounts the events of the 1929 stock market crash and its devastating effects on society through personal narratives, including that of a college student facing the harsh realities of poverty in New York.

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