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Geographic Distribution of the US Population and the School Population During the Great Depression: 1930–1950

  • Richard R. Verdugo
Chapter
Part of the Applied Demography Series book series (ADS, volume 10)

Abstract

On October 29, 1929 the US stock market crashed and opened the door for one of the most significant events in American history – The Great Depression. Savings were wiped out, banks closed, GDP dropped, and unemployment soared upward. At its peak, unemployment rose to nearly 25%, in 1933. GDP dropped by 29% between 1929 and 1933 (Swanson and Williams 1972).

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  • Richard R. Verdugo
    • 1
  1. 1.OdessaUkraine

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