Causes of the Great Depression Essay

  • The Great Depression : America

    The Great Depression is generally acknowledged by the stock market crash in the early 1930s, in which majority, lost their jobs, homes: money became useless, and fear and stress conquered the streets. Moreover, there is more factors to delve into when introduced to such epidemic. As mentioned in a CNN interview, T. H. Watkins, exclusively worked on studying the Great Depression for 16 years. Due to the fact that Watkins was born into the era of the Great Depression, he admits, it is a firm point

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  • Causes And Effect Of Depression

    Causes and Impact of Depression in The Bell Jar “The longer I lay there in the clear hot water the purer I felt, and when I stepped out at last and wrapped myself in one of the big, soft white hotel bath towels I felt pure and sweet as a new baby” (Plath 49). The aforementioned “purity” is attributed to transformation, the washing away of the dirt as she descends into a cleaner self. Sylvia Plath’s The Bell Jar morphs this idea of sanity and purity twisting it to make us all question if a glass bell

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  • Great Escape : End Of The Great Depression

    The Great Escape: End of the Great Depression The end of World War I marked the beginning of a period defined by American optimism. A trio of Republican presidents from Harding to Hoover (1921-1933) re-established free market capitalism and brought endless waves of prosperity. Unemployment rate reached 3%, and Americans believed dreams would never end. However, the Great Depression in the 1930’s crushed these dreams, driving unemployment to a high 25%. But, Americans found hope in the election of

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  • Essay on Great Depression

    Topic: The Great Depression, continued Read: In Fed we Trust, chapters 1-4 1. Define the term gold standard. Should we return to it? The gold specie standard arose from the widespread acceptance of gold as currency. No, The gold standard limited central banks from printing money when economies needed central banks to print money, and limited governments from running deficits when economies needed governments to run deficits. It was a devilish device for turning recessions

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  • The Great Depression Of The Twentieth Century

    a chain of events that would plunge the United States into a deep depression. The Depression of the 1930 's called for the end of an era of economic prosperity during the 1920 's. President Herbert Hoover was the unfortunate to preside over this economic downfall. Hoover believed the cause of this depression was international, and he therefore believed that restoring the gold standard would ultimately drag the US out of depression by restoring international trade. Hoover initiated many domestic works

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  • Great Depression Essay

    Depression & Recession Have you ever noticed how history seems to repeat itself? Have you ever heard someone say that we study the past to prevent it from happening again? Well if you take a look at history we are repeating it, with the Great Depression right now we are in what is known as the Great Recession, there are some similarities along with differences. The Great Depression sent many Americans into an economic crisis unlike any the county has experienced before. With this downturn it

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  • Main Causes of Depression Essay

    Depression is a complex, heterogeneous, hypothetical construct, in that it requires many items to measure a key aspect of the construct and the construct itself can be subdivided into various related forms. In order to thoroughly define a construct it is best to determine how it is similar to yet different from other constructs rather than just simply stating a definition. In regards to depression, the concepts of stress and anxiety are both different from and related to depression in many ways.

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  • Collapse Of The Great Depression

    Never had the flaws of capitalism been so evident or as devastating as during the decade that followed the outbreak of the Great Depression in 1929. All across the Euro-American heartland of capitalist world, this vaunted economy system seemed to unravel. For the rich it meant contracting stock prices that wiped out paper fortunes almost overnight. On that day that the American stock market initially crashed (October 24, 1929), eleven Wall Street finances committed suicide, some by jumping out of

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  • The Cause and Effects of the Great Depression

    speculate that the stock market crash of 1929 was the main cause of The Great Depression. In fact, The Great Depression was caused by a series of factors, and the effects of the depression were felt for many years after the stock market crash of 1929. By looking at the stock market crash of 1929, bank failures, reduction of purchasing, American economic policy with Europe, and drought conditions, it becomes apparent that The Great Depression was caused by more than just the stock market crash. The

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  • The Great Depression And The Recession Of 2008

    Throughout history, there have been two major economic downturns. The Great Depression and the Recession of 2008 both occurred due to poor finical policies and excessive spending. Both events left many people feeling hopeless and vulnerable. A comparison of the Great Depression Era and The Recession of 2008 reveals similarities in causes and effects economically, socially, and politically. Life after the war took a toll on many Americans. It left many people confused and upset. Many people lost

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  • The Success Of The Great Depression

    The Great Depression began on October 29, 1929 and was the worst economic depression in the history of the US. One cause of the depression was concerning the industry. Unemployment rates began to increase when new advancements in technology led to everyday workers being laid off. For example, railroad workers began to lose their jobs because trains were beaten by automobiles. Another cause was due to the overproduction of crops caused farmers to drop prices. This led to farmers losing their farms

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  • The Great Depression Of 1929

    C O N D I T I O N L E A D I N G T O T H E D E P R E S S I O N Proceeding the Great Depression the world had found itself in an economic boom. The 1920’s, referred to as the Roaring Twenties the economy was in a state of technological achievement and growth. “Things such as electricity, radio, telephone and cars were being produced for the masses” (DeGrace). Many people had decided to move into cites to more easily surround themselves with these technologies and to find jobs in manufacturing

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  • Essay about The Great Depression

    The Great Depression Thomas Clay Forrest Economics 510 Professor Don Waldron February 6, 2011, 2011 The Great Depression The Great Depression was the deepest, longest and most widespread economic calamity of the twentieth century, and is the most common standard of how far things in the world’s economy can decline. Beginning with the First New Deal, which put into effect a host of relief and recovery measures designed to improve economic conditions and stimulate recovery

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  • The Treaty Of Versailles And The Great Depression

    WW2 began in September 1939 when Britain and France declared war on Germany after Germany invaded Poland. Although Germany’s invasion of Poland was a trigger for the war, there were multiple causes. The three main factors that caused WW2 to be inevitable were, the Treaty of Versailles, The Great Depression, and the fall of the democratic government and rise of the Nazi party. The Treaty of Versailles signed on the 28th of June 1919 was meant to create peace but it was a major factor that led to

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  • The Rise Of The Great Depression

    America was going to hit a bigger loss: The Great Depression. It was a 10 year struggle for the US economy that ripped right through the hull of the American economy. On top of that, a phenomenon called the Dust Bowl was damaging the agriculture of the Great Plains, forcing many to leave their homes. President Herbert Hoover seemed nonchalant about the economy and made no actions whatsoever to try to help it, giving trivial comments like “Economic depression cannot be cured by legislative action or

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  • Depression And The Great Depression

    During the great depression many people suffered from loss of stocks, therefore adversely affecting their jobs, families and lives for many years to come. Today, many people still face hard times through loss of stocks and jobs. Although times now are different than during the Great Depression, there are many factors that contribute to the tribulations of this day. The Great Depression caused many people to struggle for a long time. Today, many people struggle because of changes in stocks, economy

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  • The Great Depression

    States plunged into the Great Depression. As many felt devastating consequences during this time, the government frantically searched for a solution. President Franklin D. Roosevelt developed the New Deal to pull America out of the Great Depression. The New Deal was successful in its accomplishments because it reformed the banking system, increased employment, placed regulations on Wall Street, and created a safety net for those who needed it. The origins of the Great Depression began after World War

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  • Essay on The Great Depression

    The Great Depression was a period from October 29, 1929 to around 1940, close to when the U.S. entered World War II. This period was an economic depression that was started by the Stock Market crash. Such a catastrophic time span has many different causes that can all relate and combine. The Great Depression had many underlying causes that started originated after World War I. A series of events, including the economic boom of the 1920’s were contributors to the Great Depression. World War I came

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  • Analysis Of ' The Great Depression '

    that she “coulda made somethin’ of myself” and says, “Maybe I will yet” (Steinbeck 87). This shows that she dreams to become something and get off the ranch. The Great Depression was the period this book was based on. Steinbeck portrays situations that he often saw during the 1930s. According to Hays, “in the middle of the Great Depression, the influx of a million migrants into California from the Dust Bowl states made labor even cheaper and competition for jobs was fierce” (Hays). Lennie and George’s

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  • Causes And Effect Of The Depression

    Causes of the Depression Public confidence was generally high in Canada during the last years of the 1920s, and many Canadians were optimistic. However, the uncertain prosperity of the Roaring Twenties was coming to an end. A dramatic signal of the approaching end took place in October 1929. On October 24, thousands of speculators lost money in a sudden stock market tumble on the Winnipeg Grain Exchange. Five days later, the New York stock market crashed. Too many people had bought stocks using

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  • The Great Depression Of The Twentieth Century

    prompt the best monetary collide with hit the world. The Great Depression kept going from 1929-1939 and was brought on by various things, albeit one of the primary driver was essentially created by lack of awareness of the offering and obtaining of stock. Individuals didn 't completely comprehend the ways stock worked and over responded over it losing esteem and bankrupted the organizations who they purchased it from. The Great Depression can be condensed by the words "over response", how individuals

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  • The Roaring Twenties And Great Depression

    Introduction: (General, background info on Roaring Twenties and Great Depression, 4-6 sent.) In the Roaring Twenties (1918-1945), it was a time of pushing the limits in social culture and a test of people’s endurance. The unemployment rate was at 15% and the U.S. remained neutral in a period of pre-1941. Then the government programs increased, World War II began in Europe and Asia in 1941. Then the U.S joined the Allies due to the Pearl Harbor attack (December 7), which led to a key force in military

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  • The World Of Depression : The Great Depression

    When the society experiences an economic recession, people often think about the Great Depression in 1930s. Up to the present, many researchers attempted to study on Great Depression to gain a lesson. Friedman claimed that policy makers could not take proper actions depended on the radical changes in the international environment after the First World War ended. However, he only considered a single factor and excluded other important factors such as Customs Law and international monetary system

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  • The Causes of the Great Depression

    of the Industrial Revolution early in the nineteenth century the United States ad experienced recessions or panics at least every twenty years. But none was as severe or lasted as long as the Great Depression. Only as the economy shifted toward a war mobilization in the late 1930s did the grip of the depression finally ease.

    Stock prices had been rising steadily since 1921, but in 1928 and 1929 they surged forward, with the average price of stocks rising over 40 percent. The stock market

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  • Great depression

    Material The Great Depression Part 1 Complete the chart by filling in each president’s views on the Great Depression. Herbert Hoover Franklin Delano Roosevelt Causes of the Great Depression *Weak agricultural and industrial growth in the US was due to foreign competition with domestic businesses, and a solution that helped both domestic and foreign economies grow mutually was not necessary. *The lack of individual and voluntary response to the depression, especially response

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  • The Causes And Effects Of Postpartum Depression

    The Causes and Effects of Postpartum Depression Pregnancy is everywhere you go, there is no way to avoid it. You and every other person on this planet was brought into this world through a pregnancy. Most people know that pregnancy is difficult; craving unusual foods, gaining weight, transformation of the body, it’s extremely expensive and there is only so much you can do to prepare for the birth. But what most people don’t ever think about is what is how the mother is affected mentally after the

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  • The Main Cause Of The Great Depression

    benefits to their self for example lower wage for the workers & working conditions. During the Great Depression, our country faced one of the terrifying economy turn down in the 1929. Where many people lost their jobs, become bankrupt and forced live on the street. How did this happen? There are three main causes to the Great Depression. First stock market crash, second causes is overproduction and third cause is Uneven 1920s Economy. How did stock market crash it from $100 to $10 for each stock value

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  • Causes And Effects Of The Great Depression

    Causes and Effects of the Great Depression The Great Depression was a dark period in the history of theUnitedStates,affecting all the socio-economic sectors of the Americans’ lifestyle. It suppressedgreatly the economic status of the UnitedStates. The new dealof President Roosevelt has been accredited for saving the U.S out of theeconomicturmoil it found itself into. This aimed at provision of relief as well as employment opportunities, which helped to initiateeconomicrecoveryalthough it was not

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  • Australia and the Great Depression Essay

    Why did Australia lead the world into Depression in the late 1920s and suffer its effects so gravely and for so long? Australia suffered significantly during the Great Depression of the late 1920s. Australia was one of the worst effected countries in the World. This essay will look at why Australia lead the world into Depression in the late 1920s and why it suffered from it's effects for so long. A depression is defined as "A period of drastic decline in a national or international economy, characterized

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  • Great Depression And The Great Recession

    The Great Depression and the Great Recession are two periods of economic contraction both economic and social. A country 's economy is measured with a method called the, business cycle. The Business cycle is a series of cycles in the economy either by expansion or contraction. The Great Depression was actually caused by the economy sky booming, while the Great Recession was caused by rampant unemployment and the burst of the housing bubble. Although the Great Depression and the Great recession are

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  • The Great Depression And Adolf Hitler

    The Great Depression and Adolf Hitler The great depression was a worldwide crisis. When it began and when it ended varied from country to country. Most people think that the great depression occurred just because of the stock market crash. There are many roles that played into the great depression; overproduction, uneven incomes, weak banking system, Hoover’s failures, and the gold standard. Overproduction did not just mean in the factories, it also meant in the agriculture part of the economy

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  • The Black Men And The Great Depression

    country during the Great Depression, just meant that jobs the opportunity available for you would be that much slimmer to obtain. Its as if history was repeating itself, like the time when African American slaves were freed, but were never freed to choose what they would want to work in, because the hardships of the white men would always be blame at the black men. Which is what happened during the great depression for many Mexicans, they were blame for why the Great Depression was happening. Also

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  • The Great Depression By Herbert Hoover

    The Great Depression was a period of time between 1929 and the late 30’s in which unemployment rates skyrocketed and America’s economy was hanging on by a thread due to multiple triggers one of which was the stock market crash. The two long-term causes of the Depression were the decline in industry growth and the overproduction of crops. Industry decline was one of the main factors that contributed to the Depression because former consumers no longer had the means to pay for goods or services which

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  • Cause and Effects of the Great Depression Essay

    The Causes and Effects of The Great Depression In America Few Americans in the first months of 1929 saw any reason to question the strength and stability of the nation's economy. Most agreed with their new president that the booming prosperity of the years just past would not only continue but increase, and that dramatic social progress would follow in its wake. "We in America today," Herbert Hoover had proclaimed in August 1928, "are nearer to the final triumph over poverty than ever before

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  • The Great Depression

    1930’s the Great depression was started. Hitler rose to action to take matters into his own hands. What was the true causes of world war two though? Is it Adolf Hitler or the great depression. Could it possibly be the Treaty of versaille? We are here to answer all of those questions. The start of the great depression sets the wheels in place for another catastrophic war.The Great Depression was not only setting the path for another world war and massive economic failure. The Depression was paving

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  • Essay about The Great Depression

    The causes and far-reaching effects of The Great Depression are examined. Discussion includes its impact on both American cultures and nations around the world. The role of World War II and the New Deal in overcoming the Depression are explored. The Great Depression began in October 1929, when the stock market in the United States dropped rapidly. Thousands of investors lost all of their of money and were forced to live on the streets often going without food. This crash led into the Great Depression

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  • Birth of the Great Depression: Causes of the 1929 Stock Market Crash

    Loren Pilon Paventi SUNY US History March 11th, 2013 Birth of the Great Depression: Causes of the Stock Market Crash of 1929 It was a time of great economic growth in the United States after World War I. The economy was growing rapidly, fueled by industrialization and the rapid development of new technologies such as the automobile, electricity, telephone, aviation and radio. Many people and businesses began investing in the stock market at this time. The stock market is the organized trading

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  • The Results And Cause Of The Great Depression

    The Results and Causes of the Great Depression The end of World War One saw The United States become the economic power of the world, which tied multiple nation’s economies with theirs. When the stock market crashed in 1929 causing the Great Depression, all countries tied with the U.S were dragged down along with them. This resulted in many citizens becoming unemployed and searching for jobs. Canada was affected severely as one in five Canadians became dependant on government relief for survival

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  • The Great Depression Of The United States

    droughts that have put our country in jeopardy. These events are very relevant and important which are the Great Recession and the Great Depression. Although these elements are different from each other, they’re also similar due to the violence it has developed, the increase of the unemployment rate and so on. But the question is, how are these events similar and different? The Great Depression started because of a huge crash in the stock market within our society. From 1929-1933 the unemployment rate

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  • The Great Depression And The Depression

    The great depression set the stage for the hardest time for Americans would have to go through in its history. “In the aftermath of Black Tuesday, America and the rest of the industrialized world spiraled downward into the Great Depression (1929-39), the deepest and longest-lasting economic downturn in the history of the Western industrialized world up to that time” (Stock Market Crash of 1929). The economy went into a complete free fall no one had money left besides some rich people everyone was

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  • Economic Conditions And The Great Depression

    Economic Conditions leading to the Great Depression. The Great Depression otherwise related to as the ‘Economic Collapse’ was a grave moment in the 1930s whereby there was a practical halt in the American capitalism. This actually took place for over a decade as the depression ran from 1929 through to 1940. It was during that duration that America’s economy operated at a level way below what could allow most of her citizens to achieve economic success. It was a rather difficult time with Americans

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  • The Great Depression And Great Recession

    The Great Depression officially started on October 29, 1929 after the stock market crash, and the Great Recession started in 2008 after the government pushed buying houses onto people. The Great Depression and Great Recession has almost seven decades between them, so some people would never think they would be similar. They might even say the President has learned from the Great Depression, so the economy will never get like that again. The economy almost did in the Great Recession. When comparing

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  • Great Depression and Its Causes Essay

    The causes of the Great Depression of the 1920's and 1930's has been argued about for generations. Most people agree on several key topics and that it was the severity and length of time the Depression lasted that was actually the most remarkable. Hoover made many noteworthy attempts to try and solve this crisis, yet in the end it was President Roosevelt and his "New Deal", that brought many Americans hope for the future. The first factor in the start of the Depression was the lack of diversity

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  • The Great Depression : An Event That Causes Great Suffering And Distress

    A tragedy is an event that causes great suffering and distress, and many relate it to an event where a large percentage of a population meet their demise. However, the Great Depression is classified as a major tragedy even without large scale deaths. Not many people died in the Great Depression, but millions lost all of their assets when the market crashed. They had no way of being able to make back what they lost without going to the very system that made them lose their money in the first place

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  • Essay about Great Depression

    at least heard of the Great Depression that hit America by storm in the early twentieth century. Even though people are taught about the Great Depression, I personally think that a lot of people do not understand the severity that it caused and the livelihoods that it forever changed. The Great Depression, which lasted over a period of ten years, resulted in a lot of heartache for many nations worldwide (Fraser, 2010). As for the United States, the worst of the Great Depression harbored between 1929

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  • Overview Of The Great Depression

    Overview of the Great Depression At the end of the 1920s, a worldwide depression impacted countries with market economies. Comparatively, while many other countries witnessed minor effects, the United States faced the severity of what was known as the Great Depression. In the years before the depression hit, the early 1920s, also known as the Roaring Twenties, lead the nation into economic growth and the Americans into a consumer society. Towards the end of the decade, mass consumerism lead to overproduction

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  • Great Depression Essays

    The Great Depression began in late 1929 and lasted for about a decade. The economic depression that beset many countries in the 1930s was unique in its magnitude and its consequences. “At the depth of the depression, in 1933, one American worker in every four was out of a job. In other countries unemployment ranged between 15 percent and 25 percent of the labor force.” The great industrial slump continued throughout the 1930s, shaking the foundations of Western capitalism “an economic system based

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  • The Great Depression Of Alberta

    The Great Depression is most commonly examined as a global phenomenon, with historians trying to identify consistancies around the world, the patterns of history. I, however, would like to examine the Great Depression by taking an indepth look at the effects of the depression on Alberta. I will take a social history view of the causes, effects, and efforts to solve the issues of the Great Depression to analyze the social political influence of the event on the people of Alberta. Alberta responded

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  • The Great Depression Essay

         This report is about the economic hard time of the 1930’s. The great depression is a time when the people of the United States and the government's spending was out of control. You’ll learn that the great depression didn’t just happen over night but accumulated over a period of time.      It’s a common misconception that the stock market crash in October 1929 was called by the Great Depression. They are closely related but both are result of the modern economy.

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  • Causes of the Great Depression

    The Great Depression remains to be the worst economic slump ever in American history and one which spread practically all over the industrialized world. The Depression bombarded in late 1929 and lasted nearly a decade. Many factors elemented the depth of the widespread prosperity. However, combined, the greatly unequal distribution of wealth throughout the 1920's and the extensive stock market speculation that took place during the latter part that same decade remain the key of all elements.

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