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Your Uncle Fred has heard that you have taken a course on the economic history of the United States

Economics

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Your Uncle Fred has heard that you have taken a course on the economic history of the United States. (Assume that you have such an uncle for the sake of this question.) He is interested in the Great Depression and asks you why the economy crashed and why it was so bad. In answering him, explain what happened in 1929 and later years that lead the economy into a long downward spiral. Why is the Federal Reserve criticized by many modern scholars?