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Recession of 1937–38 Federal Reserve History

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Lasting from May 1937 until June 1938, this recession was America’s third-worst downturn of the 20th century. With real GDP dropping 10 percent and unemployment hitting 20 percent, it was less severe than the recessions of 1920 and 1929.

Recession of 1937–1938 - Wikipedia

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What caused the recession of 1937-38?