What Caused the Great Depression,and How Did It End

question 21

Essay

What caused the Great Depression,and how did it end?

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Definitions:

Buy-In

Refers to the agreement on a course of action or the decision-making process that gains the acceptance and support of stakeholders.

Change Process

The series of actions or steps taken to achieve a significant shift in direction, operations, or behavior within an organization or system.

Stakeholders

Individuals or groups that have an interest in the success and strategies of an organization, including employees, customers, investors, and suppliers.

Freezing Stage

A phase in change management where old behaviors are solidified to prepare for new strategies, often part of Lewin's Change Theory.