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Economic Crises
Fundamentals of Banking Crises
Economics Textbooks Boundless Economics Economic Crises Fundamentals of Banking Crises
Economics Textbooks Boundless Economics Economic Crises
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Economics
Concept Version 6
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Causes of Banking Crises

1929 Stock Market Crash

1929 Stock Market Crash

As the market falls, investors create a positive feedback loop and self-fulfilling prophecy due to a lack of confidence that drives it down even further.

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    http://upload.wikimedia.org/wikipedia/commons/c/c5/1929_wall_street_crash_graph.svg CC BY-SA.

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