Owing to the buoyancy of its citizens, however, expansion continued, albeit at a slower pace.
To appreciate the perseverance of the people, one needs to first remember what it was like in those hard times.
Imagine being a businessman on Friday, October 29, 1929—the day the market crashed and the Depression began.
Losses nationwide in one month totaled $16 billion, an astronomical sum even today, and an almost incomprehensible sum then.
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