History, 06.04.2020 09:36 VamPL

Identify whether each statement was a CAUSE of the great depression, an ACTION TAKEN in response to the depression, or an EFFECT on American life that came about as a result of the depression.

STATEMENTS-
-banks & other financial institutions make excessive loans
-the federal reserve constructs the money supply
-economic conditions worsened, making it harder for people to repay debts

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