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Robert Nathan's Response To The Great Depression

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In months following the stock market crash of 1929, the Great Depression swept across the industrialized world like a plague. Unemployment on a substantial high, Robert Nathan, an economist in commerce department, estimated that 15,071,000 people were unemployed. American Federation of labor estimated the number was higher at 15,586,000. In actually both of these estimates were probably low. In 1936 the Bureau of labor statistics showed that 1933, 29.2%

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