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The US Government believed the Great Depression was exacerbated by people buying goods from other countries.
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Price does not always determine worth, supply and __________ drive prices.
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When people are fearful, they tend to _________more money than they spend.
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When less money is being spent in the economy on goods, fewer goods_________________.
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Fractional banking, while not illegal, is very risky. This happens when banks loan out larger or smaller percentages of money than they have on hand or take in.
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True
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When demand decreases, price decreases or increases.
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The Hawley-Smoot Tariff, or tax, was instituted. This increased tax on foreign goods.
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With the election of President Roosevelt, more or fewer government programs were started. He believed in big government and wanted to have control over the economy
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