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Recession 1938
Part of the Great Depression, this downturn, also known as the "Roosevelt Recession," was characterized by a temporary economic decline during which trade and industrial activity reduced significantly.
Consumer Purchasing
The process by which individuals or households buy goods and services for personal use, driven by factors such as price, quality, and preference.
Federal Government
A system of government where powers are divided between a central (national) government and various regional governments.
Tax Burdens
The financial strain placed on individuals or businesses by the requirement to pay taxes, often described in terms of its impact on economic wellbeing.
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