How does something like the Great depression happen?

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If every country is in some sort of recession, shouldn’t the economy adjust accordingly as opposed to falling even more?

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Anonymous 0 Comments

You have some good answers here on the financial aspect which was obviously the catalyst, but start of the Dust Bowl in 1930 on what had previously been a breadbasket of both the US and Canada had a debilitating effect on the availability (and thus price) of food as well as the livelihood of the farming communities in the region.

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