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The immediate cause was the American using margin buying to buy shares of stock that they could not pay back - and forced a mass selloff of shares - which collapsed the stock market and the economy. The efforts to deal was the New Deal in America - a

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1. The immediate cause was the American using margin buying to buy shares of stock that they could not pay back - and forced a mass selloff of shares - which collapsed the stock market and the economy. The efforts to deal was the New Deal in America - a





 
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