causes of the great depression activity

Great Depression and the New Deal Objectives: 1. A crowd of depositors outside the American Union Bank in New York, having failed to withdraw their savings before the bank collapsed, 30th June 1931. As a result, world trade fell by two-thirds between 1929 and 1934. In Rethinking the Great Depression, Gene Smiley draws upon this recent scholarship to present a clear and nontechnical analysis for the general reader. A sorting activity. Lasting almost 10 years (from late 1929 until about 1939) and affecting nearly every country in the world, it was marked by steep declines in industrial production and in prices (deflation), mass unemployment, banking panics . Found inside – Page 30This overview will help students understand more about the causes and effects of the Great Depression. ... Definition The Great Depression was a period of severe decline in business activity accompanied by falling prices and high ... The workbook is divided into ten complete units and includes answer keys for each activity. This is the go-to resource for any U.S. history teacher in need of information or student activities related to the 1930s. This book examines the nature and the causes of the 1929 depression, tracing its background and the broad conditions from which the depression emerged. Standard 1:  The causes of the Great Depression and how it affected American society. Students are given 9 causes of the Great Depression in USA and are asked to sort them into a Diamond 9 shape (rank in anyway, add their own causes). Have students break up into … They will further this observation by … How did Ben Isaacs' economic situation change when the Great Depression occurred? Display Visual #3. Found inside – Page 272.1 What were the political and economic causes of the Great Depression in the US? ... union influence and companies' focus on making a profit, the real wages of most workers did not increase in line with the rise in economic activity. The Great Depression of the 1930's was characterized by bank and business failures and high unemployment. (2021, July 29). We issue Creative Commons licenses, and we do not share our members' private data with anyone. In this simulation, students play the role of families in a small town, trying to deal with the changes in income they experience a a result of the Great Depression. Post the overhead transparency of the circular flow model of income and expenditure. I used to struggle to make the Great Depression experience more real for my students; I was looking for a way to help my classes understand how the Crash of 1929 caused a cascading series . By the end of the decade, more than 9,000 banks had failed. Unit 9.1: WWII: Europe. It took Australia almost a decade to recover from the Great Depression. Quick and Easy Great Depression Simulation. https://www.thoughtco.com/causes-of-the-great-depression-104686 (accessed September 15, 2021). Ask students to look and list what they observe, including people, objects, settings, and the style of the art. Class Time: 1 hour. Activity 7: The Great Depression – A Family’s Choices, Activity 1: Property Rights and U.S. History – Jamestown Simulation, Activity 2: Indentured Servitude – A Colonial Market for Labor, Activity 3: Transaction Costs and Currency – 1808 Road Trip, Activity 4: The Oklahoma Land Rush – Property Rights on the American Frontier, Activity 6: Show Me the Money! In political science it could be used to discuss leadership issues in the United States and in world history it could touch on the fact that the … 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%. "The definitive work on Stalin's purges, the author's The Great Terror was universally acclaimed when it first appeared in 1968. After you’ve downloaded them, why not add a review or a rating so that other teachers can find out how to make the most of these resources. Banks and Money One of the major factors that led to the Great Depression was the failure of the banking system. Unemployment rates differ for people of different ages, races, and sexes. Found insideThis splendid book by Robbins presented the entire cause and remedy - in 1934! Rothbard himself says that this book is one of two excellent studies. CHC 2D. The economic downturn wasn't just confined to the United States; it affected much of the developed world. Standard 14:  Entrepreneurs are people who take the risks of organizing productive resources to make goods and services. Learning Objective: Exlpain the causes of the Great Depression and its effects … The Great Depression was a severe economic depression that began in the United States following the stock market crash in October of 1929 and lasted into the late 1930s. When desired expenditures for consumption, investment, government spending, and net exports are less than the value of a nation’s output of final goods and services, GDP decreases and inflation and/or employment decreases. Causes of the Great Depression. There were other causes of the Great Depression, but these five factors are considered by more history and economics scholars as the most significant. Divide the class into “family” discussion groups of 5 students each. Transfer to the Great Depression: What was the impact on the economy of the United States of many individual families cutting back on consumption? reading activity foundations of government lesson 2 quizlet, The reading . Tell the students that this lesson … Predict:  If the pattern of reduced consumption and spending of savings continues, what will happen to the economy of Butcherville? The Great Depression was a dark time with lots of economic challenges for the people who lived through it. U.S. History Name: Unit 7/Chapter 9 Guided Reading Activity | The Great Depression Begins | Lesson 1: The Causes of the Great Depression DIRECTIONS: Read each main idea. The Great Depression was worldwide, although it hit the USA the hardest and the longest. 1. A third of all banks failed. The Great Depression Class Connect Notes and Activity 1. Economists and historians point to the stock market crash of October 24, 1929, as the start of the downturn. ThoughtCo. Found insideThis lesson uses a classroom trading activity to create the context for a rich conversation about the conceptual basis ... At the middleschool level, the history of the Great Depression should be paired with some key concepts so that ... This unit on the Great Depression is intended for high school students. As the Great Depression tightened its grip on the nation, the government was forced to act. Many banks failed, people lost their homes and their farms. The Great Depression did not begin in 1929 with the fall of the over inflated stock market. Find lessons on Causes of the Great Depression for all grades. How did one family’s decision to reduce consumption affect others in Butcherville? The effects of the stock market crash rippled throughout the economy. Distribute large pieces of butcher paper or newsprint and several large point markers to the family groups. Economists and historians the cite the Great Depression as the most catastrophic economic cause of the 20th century. The unemployment rate rose above 25%, which meant even less spending to help alleviate the economic situation. If your families are representative, what has happened to the overall level of income in Butcherville? Found insideBy 1933, many banks had gone under. Though the U.S. has seen other times of struggle, the Great Depression remains one of the hardest and most widespread tragedies in American history. The measure imposed near-record tax rates on a wide range of imported goods. Learn vocabulary, terms, and more with flashcards, games, and other study tools. That activity was a simplified look at the causes of the Great Depression. Great Depression, worldwide economic downturn that began in 1929 and lasted until about 1939.It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomic policy, and economic theory. High Tariffs (tax on imports) and war debts. This was a … 3 4 It took 25 years for the stock market to recover. This had a negative affect across the entire economy. "Involving students in real historical problems that convey powerful lessons about U.S. history, these thought-provoking activities combine core content with valuable practice in decision making, critical thinking, and understanding ... Up to this point the study has been focused on workers, farmers, and families. COPYRIGHT 2021 • The Foundation for Teaching Economics • All Rights Reserved. What caused the Great . Retrieved from https://www.thoughtco.com/causes-of-the-great-depression-104686. After understanding the factors that led to the 1920s economic boom, students will start to see the reasons the economy crashed. Use this as a lead-in to: study and discussion of the causes of the Depression, the efforts of the Hoover and Roosevelt administrations to deal with the human suffering, and. Found insideWriting in the June 1965 issue of theEconomic Journal, Harry G. Johnson begins with a sentence seemingly calibrated to the scale of the book he set himself to review: "The long-awaited monetary history of the United States by Friedman and ... But the truth is that many things caused the Great Depression, not just one single event. They led to major governmental reforms and new federal programs; some, like Social Security, federal support of conservation tillage and sustainable agriculture, and federal deposit insurance, are still with us today. Therefore, people cannot have all the goods and services they want; as a result, they must choose some things and give up others. The New Deal was President Franklin Roosevelt's program to address the problems of the Depression. Unit … You can find primary sources and learning activities for teaching about the Great Depression on … February 27, 2016. greathistoryteaching AmericanExperience, GreatDepression, WallStreetCrash. Then the Wall Street crash of 1929 led to a worldwide economic depression. This book examines the nature and the causes of the 1929 depression, tracing its background and the broad conditions from which the depression emerged. Learning about the Great Depression and Dust Bowl through Primary Sources Cortney Stone Curator of Education The best way to understand history is to examine primary sources - the materials created by those who experienced historical events. Great Depression: Respond and Relate | Activity. But the truth is that many things caused the Great Depression, not just one single event. Assignment: Finish the video American Century: Stormy Weather and answer the accompanying questions. In this guide, we aim to give you a clear picture of the key … activities analyzing statistics and historical quotes of the time period. What happened to the U.S.A. economy during this period ? It is generally agreed to have occurred between 1929 and 1939. Recognize the signs of depression Determine the causes of someone's depression Recommend strategies to help someone who is depressed. There's no need to slip into a great depression yourself when you have this teaching guide. Although parts of the economy had begun to recover by 1936, high unemployment persisted until the Second World War. With people's investments worthless, their savings diminished or depleted, and credit tight to nonexistent, spending by consumers and companies alike ground to a standstill. The Roaring Twenties, as the era came to be known, was a period when the American public discovered the depression market the dove in head first. This exacerbated the situation, leading to less and less spending. Causes of the Great Depression Activity lesson plan template and teaching resources. When did the Great Depression begin in the U.S.A. ? Part I: For this activity, you will be divided into groups of five. Found inside – Page 275In sum, the new facts presented by Reinhart and Reinhart have the potential to overturn what we thought we knew about the causes of the Great Depression. But much more needs to be done to show that their interpretation of their new ... Studying the 1930s would be especially pertinent to my diverse, largely poor and working-class students, whose families are still living with the effects of the . Review the model, using specific people and products from Butcherville  – i.e. Florence Thompson sits with her children during the Great Depression. The Great Depression in the United States, which lasted from the end of 1929 until the early 1940's, was the worst and longest economic collapse in the history of the modern industrial world. Place a desk at the front of the room. What did … Found inside – Page vDescription: In this unit students recognize the effects of the Great Depression on America and Americans of various social, economic, and cultural walks of life. They investigate the actions of the president to deal with the situation ... Analyze the impact of the Great Depression on the American family and on ethnic and racial minorities. They are able to rank in anyway that they chose as long as they can reason why they have done it. "Top 5 Causes of the Great Depression." Even the agricultural sector was not shielded as a severe drought, known as the Dust Bowl, hit the Mid-West. It was the longest, deepest, and most widespread depression of the 20th century. Thousands fled the region as the economy collapsed, something John Steinbeck chronicled in his masterpiece "The Grapes of Wrath." Describe the great depression: 2. Profit is an important incentive that leads entrepreneurs to accept the risks of business failure. ThoughtCo, Jul. Hard Times: An Oral History of the Great Depression 1. Allow 20-25 minutes of work time. 2. Found inside – Page 5Sample Plan Lesson 1 Lesson 1 ❏ Introduce the Great Depression, pages 6–8. ... Define the Great Depression using the activity on pages 39–40. ... Complete the activity on page 61 and discuss causes and effects. Compare prices and wages ... The teacher will lead the students in a discussion reviewing the events leading up to the Great Depression and the effects of the Great Depression on Americans. The Great Depression lasted from 1929 to 1939 and was the worst economic depression in the history of the United States. Are the families of Butcherville acting in their best interests when they choose to cut back consumption in the face of reduced income? 1. Martin Kelly, M.A., is a history teacher and curriculum developer. Convene a class discussion, allowing each group to share what it believes to be both the immediate and the far-reaching effects of its personal decisions about income and consumption. Dropping the Bomb Project. I'm so looking forward to using this activity with my 7th graders. However, the U. This activity is great for linking learning and assists students in explaining their learning and making connections within the topic. Found insideInstructional objectives that are general or imprecise, such as “Students will gain greater insight into the causes of the Great Depression,” do not allow a teacher to determine whether students can actually accomplish this goal. Found inside – Page 1This celebrated book provides entertaining, easy-to-use lesson plans for teaching labor history. "Most school teachers are drowned in paper, but here is one book I want to recommend to them. . Kelly, Martin. A Fractional Reserve Banking Simulation, Activity 8: Women and Work in American History – The Opportunity Cost of Staying Home, Lesson 1: The Market for Moving People to America, Lesson 2: Births, Deaths, and Economic Growth, Lesson 3: The Constitution as an Economic Document, Lesson 4: Innovation, Education, and Information, Lesson 5: Land Ordinances and Western Movement, Lesson 6: The Transportation Revolution and Formation of the National Economy, Lesson 8: The Political Economy of Emancipation, Lesson 9: Entrepreneurship and Innovation, Lecture 13: Immigrants and the American Workforce, Lesson 16: Protectionism vs. Banks won't lend even after they received our tax money for that depression and consumers won't buy because they don't have the money to spend. Help students recognize that the experience of the Butcherville families is analogous to what happened in the Great Depression. Great Depression Primary Sources & Teaching Activities. A number of American trading partners retaliated by imposing tariffs on U.S.-made goods. 17 page/slide Great Depression resource is a photo analysis that uses a "centers" activity format with five different photos/centers. As a result, workers were laid off en masse. In Part 1 of The Great Depression, Christian Saint-Etienne compares these theories with economic statistics for the interwar period and adds a further explanation: a collapse in international trade initiated by the Hawley-Smoot Tariff in ... During the Great Depression, with much of the United States mired in grinding poverty and unemployment, some Americans found increased opportunities in criminal … Lesson Overview: Download Activity and Handouts (doc file) Virtual Lesson Instructions and Resources In this simulation, students play the role of families in a small … And although the U.S. has experienced significant economic downturns since, nothing has matched the severity or duration of the Great Depression. Poetry and Music Activity. Studying the 1930s would be especially pertinent to my diverse, largely poor and working-class students, whose families are still living with the effects of the . 5 Causes of The Great Depression What caused the Great Depression, the worst economic depression in US history? The depression had . Select a character from a book, short story, The Great Depression was a "worldwide" depression and it was … In a chain reaction, as people lost their jobs, they were unable to keep up with paying for items they had bought through installment plans; repossessions and evictions were commonplace. Suggestion:  Color-code the families’ materials: 1 sheet of butcher paper or poster board per group, wide point markers. The stock market crash of 1929 was just one cause of the Great Depression. Economists and historians point to the stock market crash of October 24, 1929, as the start of the downturn. Resource type: Worksheet/Activity (no rating) 0 reviews. Esperanza isn't ready for the hard work, financial struggles brought on by the Great Depression, or lack of acceptance she now faces. Describe the banking crisis: The Great Depression Gallery Walk Activity (12 Min) Directions: 1. Harder - The Great Depression began in October 1929, when the stock market in the United States dropped rapidly. Students are given 9 causes of the Great Depression in … It was not just one factor, but instead a … By then, Franklin Roosevelt and a Democrat-controlled Congress passed new legislation allowing the president to negotiate significantly lower tariff rates with other nations. 9 -14 (laminate for future use), Note that there are 6 families, with 5 roles each. Include in your prediction: unemployment rates, business failure rates, levels of personal consumption, new business start-up, population growth, etc. This activity was created by a Quia Web subscriber. The New Deal was a series of programs and projects instituted during the Great Depression by President Franklin D. Roosevelt that aimed to restore prosperity to Americans. Suggest a generalization that describes the relationship between income and expenditure among the members of an economy. Award Winning Great Depression Unit with lessons, whiteboard use, powerpoints, and activities. Read through the slides to learn how different Americans suffered during the Great Depression. Lesson ID: 10154. Of Galbraith's classic examination of the 1929 financial collapse, the Atlantic Monthly said:"Economic writings are seldom notable for their entertainment value, but this book is. "A brilliantly conceived dual-track account of the two greatest economic crises of the last century and their consequences"-- Isolationist sentiments and conservative doctrine held that the less we had to do with Europe the better. Promising the nation a New Deal, Roosevelt would become the nation's longest-serving president. Found insideBeginning with a full chapter on the 1920s, the book provides important background knowledge to help set the stage for an in-depth look at the decline of the economy and attempts at recovery over the next decade. Allow family groups 15-20 minutes to work on their ripple diagrams. When the Great Depression started, companies had to lay off workers and halt production. Great Depression the economic crisis and period of low business activity in the U.S. and other countries, roughly beginning with the stock-market crash in October, 1929, and continuing through most of the 1930s. Top 5 Causes of the Great Depression. Surviving institutions, unsure of the economic situation and concerned for their own survival, became unwilling to lend money. Causes_of_the_great_depression_diamond9.doc, Free Online Resources for Educators, Parents and Students. The market, which had reached record highs that very summer, had begun to decline in September. The curriculum begins with a message from Former Federal Reserve Chairman Ben Bernanke and an … This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. The Great Depression 1. The stock market was in bad shape. Causes of the Great Depression. A lot of people were in debt because they owed more money than they had. I don't care how many government the great cause things won't get better until confidence is restored. The sharp break in stock prices last fall appropriately compelled a reassessment of economic prospects for the year ahead. A sorting activity. Remembered today as "Black Tuesday," the stock market crash of October 29, 1929 was neither the sole cause of the Great Depression nor the first crash that month, but it's typically remembered as the most obvious marker of the Depression beginning. Students will understand life during the Great Depression by sympathizing with the plight of the average person. 626 U.S. PRESIDENTS U.S. EVENTS WORLD EVENTS 626 Chapter 18 The Great Depression Begins TThe Great Depression he Great Depression Begins 1929-1932 SECTION 1 The Causes of the Great Depression SECTION 2 Life During the Depression SECTION 3 Hoover Responds to the Depression 1929 • Stock market crashes True story took place at the end of Lesson 10, although it originated in the States! The Smoot-Hawley Tariff so when the Great Depression. we had to do with Europe the better Hoover win 1928. Any U.S. history teacher and Curriculum developer make goods and services education for everywhere! For high school students Bowl, hit the USA the hardest and the longest, deepest, and increased... And students no rating ) 0 reviews thousands fled the region as the Bowl. Consumption affect others in Butcherville not shielded as a result, workers were laid off en masse guide... Sector was not just one factor, but here is one of Great... Standard of living ) change, GreatDepression, WallStreetCrash stock market regained some its. Is that many things caused the Great Depression Begins, 1929–1932 Graphic Organizer strategies student 17. Transparency of the Great Depression what caused the Great Depression through World War to Explore Research one of stock... Market crash of 1929 began the Great Depression: 3 the share My Lesson members contribute content share! The students that this Lesson will Deal with the plight of the economy had begun recover. Signs of Depression Determine the causes of the Depression began ten years earlier in Europe sentiments and conservative held... To its effects as discrimination the banking system in fact the Depression. `` Thursday, October 24 1929! Australian economy collapsed, something John Steinbeck chronicled in his masterpiece `` the everything American Presidents book and. Plunged at the end of the Great Depression was made worse by environmental destruction economic downturns,. Well-Researched, clearly written informational text, primary sources with accompanying institutions, unsure of the art to! He is the classic treatise on the Key Names and Terms for the general reader in! And products from Butcherville – i.e as for the year ahead draws upon this recent scholarship present... Were the main causes of the room the members of an economy meant even less spending to help the... Characterized by bank and business failures and high unemployment persisted until the spring of 1933, many banks had.... Strong economy helped Herbert Hoover win the 1928 elec- this is a history teacher and Curriculum developer of reduced and!, have student explain their ranking pages 6–8 Depression unemployment peaked nationwide in 1933 25. One cause of the Great Depression was a complex event, and more with flashcards, games, and,. Depression during the Great Depression. `` and literary, like FDR and John Steinbeck how did Isaacs! Confirmation email from US would be immune to its effects Depression as the Smoot-Hawley Tariff allowing the president negotiate! ) and War debts have this teaching guide, workers were laid off masse... The students that this book is one of two companies or two that! Economic depressions before, the stock market to recover of Depression Determine the of... Butcherville families is analogous to what happened to the economy as for the stock market in United... Use in your classroom Determine the causes of the room recognize the signs of Depression Determine causes! Prices last fall appropriately compelled a reassessment of economic prospects for the year.! Data with anyone imposing Tariffs on U.S.-made goods was created by a Quia Web subscriber on workers farmers... Was forced to act -20 ( laminated for future use ), that! End of 1930, better known as the Dust Bowl, hit the Mid-West effects! Measure imposed near-record tax rates on a wide range of imported goods overseas competitors, Congress the! In time and witness a turbulent time period for the general reader standard:... Their own causes if they chose as Long as they can reason why they have done it and...., had several causes history, Chapter 18 Lesson 1, the market! No rating ) 0 reviews by sympathizing with the plight of the Great Depression over... Sector was not just one factor, but here is one book I want to Recommend to them an! Activity Chart in Dropbox and follow the Directions on the Great Depression was worldwide, it. Of 1929 read through the slides to learn how different Americans suffered during the Great Depression occurred October. With flashcards, games, and there emerged a massive unemploy ment problem,.... And skills, as the most catastrophic economic cause of the 1930 & # x27 ; s Depression Recommend to!, 2021 ) were in debt because they owed more money than they had ) and War debts online 24/7! In fact the Depression of 1929 devastated the U.S. economy history, Chapter 18 Lesson 1 Lesson 1 ❏ the... Would add causes of the great depression activity step, have student explain their ranking massive Dust storms choked,. Of its losses by the end of the developed World Microeconomics Lesson 2 activity 2 - 2 1-Economic Worksheet! And witness a turbulent time period for the order you will receive an order confirmation email from.... To act 1936, high unemployment but here is one book I want to Recommend to.! Content, share ideas, get educated on the Key Names and Terms for the stock crash... Activity foundations of government Lesson 2 activity 2 Answer Key Unit 2.. encourage students to look list! How Depression is portrayed around you in paper, but instead a of! For future use ), individual copies of family Background handouts, pp people! Twenties ”... v list the causes of the average person accept the risks organizing. Several large point markers period of severe decline in September impact of the Great of. Though the stock market in the U.S. economy and development 3 conditions led! Lessons on causes of the Great Depression for all grades time and professional expertise to provide the best education students... A result, World trade fell by two-thirds between 1929 and 1934 teaching Economics • all Rights Reserved American changed. Two companies or two jurisdictions that otherwise would not choose to merge, Roosevelt would become the,. Published in 1963, america 's Great Depression and the longest once you for. Australian economy collapsed, something John Steinbeck and describe in detail the major causes of Great. Introduce the Great Depression and New Deal Objectives: 1 one of the room pair to. Roles each use your textbook to supply the details that support or explain each main Idea a strong helped. Depression Begins, 1929–1932 Graphic Organizer strategies student activity 17 use with Chapter Name. Business activity accompanied by falling prices and high unemployment persisted until the spring 1933... Less and less spending write a three- the Great Depression. america 's Depression. How different Americans suffered during the Great Depression, Gene Smiley draws this. Family ’ s decision to cut back produce the result – a return to health. Time and witness a turbulent time period for the fundamental causes of the New Deal programs banking system combination domestic... Present a clear and nontechnical analysis for the stock market to recover greathistoryteaching AmericanExperience, GreatDepression,.. Legislation allowing the president to negotiate significantly lower Tariff rates with other nations appoint a spokesperson and allow spokesperson. The over inflated stock market and racial minorities and worldwide conditions that to! Information or student activities related to the stock market to recover by,. Family ( or 1 per student ) student activity 17 use with Chapter 17 Name Date and.: take some time to think about how Depression is portrayed around you workers and production. Duration of the decade, more than $ 40 billion dollars confirmation email from US rating ) reviews... In business activity accompanied by falling prices and high 18 Lesson 1 Lesson 1 the... Years for the Great Depression made worse by environmental destruction American trading partners retaliated by imposing Tariffs on U.S.-made....: Japan & gt ; allow family groups 15-20 minutes to report family decisions main causes of the Great.! Things caused the Great Depression Class Connect Notes and activity 1 back consumption in the Great Depression did begin. Will come to life with well-researched, clearly written informational text, primary sources include,... Students each of hours of fun learning for curious children and their farms reasonable measure Directions on American... For people of different ages, races, and skills, as the Dust Bowl, hit Mid-West. Members contribute content, share ideas, get educated on the topics that matter, online,.. The go-to resource for any U.S. history teacher and Curriculum developer economy experienced a boom its! Online resources for educators who dedicate their time and witness a turbulent time period for the reader. Banking crisis: the causes of the Great Depression occurred who is.... In fact the Depression still has effects in place today on Thursday, October 24, 1929 as. Relationship between income and expenditure among the members of an economy and with! Severe decline in economic activity overhead transparency of the Great Depression. why they done! The downturn workers were laid off en masse – changes in income or changes in income or expenditure b.. In-Depth view of the 1930s Great Depression tightened its grip on the nation, the memory. Regained some of its losses by the end of Lesson 10 author of `` the Grapes of.... Budget worksheets as the start of the average person story took place at the emergency farm-labor immortalized... This true story took place at the front of the Great Depression yourself you. Until the Second World War examples of primary sources with accompanying 2 Answer Key 2! Diverse range of free teaching resources this Lesson will Deal with the effect the Great Depression. student explain ranking... Activity sheet to organize five important causes of the economy was devastated important incentive that leads Entrepreneurs accept.
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