This section contains 1,160 words (approx. 4 pages at 300 words per page) |
![]() |
The Great Depression
Summary: Essay analyzes what caused the great depression.
The great depression was the worst economic setback in American history. In 1929, it affected almost everyone in all industrial countries, including America. During 1930, the entire world was in a depression and as a world leader, America went right into the depression, we dragged everyone down with us. During the Depression, the stock market crashed, banks went out of business, businesses were forced to close, farmers were forced into bankruptcy, and by 1932, a fourth of America's working force were unemployed. Yes, the effects of the Great Depression were numerous and bad, but more important were its causes. Some historians blame the Great Depression on Hoover's inability to stop it before the Depression kicked off and Roosevelt's inability to stop it immediately. Others argue that its causes include the stock the dust bowls. Other people said that the Great Depression was caused by the great maldistribution of wealth and the...
This section contains 1,160 words (approx. 4 pages at 300 words per page) |
![]() |