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Great Depression Changed Money Behavior5:46Watch on OFTV

Great Depression Changed Money Behavior

Iva BergIva Berg@iva-berg · video 11 of 40
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Length5:46
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Description

I’ve been thinking about how the Great Depression didn’t just collapse markets—it reshaped the way people relate to money for decades. When banks failed, and savings disappeared, financial security became more important than growth. Spending started to feel risky, while saving became a form of protection. Even after recovery, entire generations kept cautious habits, avoided debt, and prioritized stability over opportunity. In this video, I explore how large economic crises reshape financial behavior and why those patterns can last long after the crisis ends.

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