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The severity of the Depression increased in 1931 when the Federal Reserve Board closed all financially-ailing banks. declared bankruptcy. weakened the value of the dollar. expanded the money supply. raised interest rates.

The severity of the Depression increased in 1931 when the Federal Reserve Board

closed all financially-ailing banks.

declared bankruptcy.

weakened the value of the dollar.

expanded the money supply.

raised interest rates.

 
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