This section contains 638 words (approx. 3 pages at 300 words per page) |
Causes and Consequences of the Great Depression
Summary: The five main causes of the Great Depression of the 1930s in the United States were the stock market collapse, farm failures, bank failures, widespread poverty, and the unequal distribution of wealth.
There are many important events that have happened during the history of our country. For example: the Civil War, the ending to slavery, the founding of America, and even the last two states added to our nation. Unfortunately, there weren't always good things that occurred during our history. One of these terrible events was called The Great Depression. It was a time when most people lived in poverty, and did not have enough to live. The great depression started in 1929. It has a number of reasons of how it was caused, and affected America greatly. It ended in 1939, ten years after it had started. The great depression was one of the harshest and most serious times in American history.
There are five main causes to the great depression. The first cause is the downfall of stock markets. Many saved extra money to invest in stock markets. The crashes...
This section contains 638 words (approx. 3 pages at 300 words per page) |