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What Were the Root Causes of the Great Depression

question 22

Essay

What were the root causes of the Great Depression?


Definitions:

Federal Government Budget Process

The procedure by which the federal government of a country plans its expenditures and revenues for a specific fiscal year.

Entitlement Programs

Guaranteed benefits for those who qualify for government transfer programs such as Social Security and Medicare

Entitlement Program

Government plans that guarantee certain benefits to a particular segment of the population.

Social Security

A government program designed to provide financial assistance to individuals during retirement, disability, or upon the death of a breadwinner, funded through payroll taxes.

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