Sunday, November 17, 2013

Causes Of The Great Depression

Causes Of The Great Depression Causes of the Great Depression In 1929 the inventorying securities industry crashed, triggering the worst depression ever in U.S. history, which lasted for closely a decade. During the 1920s, the unequal distribution of wealth and the stock market speculation combined to create an unstable providence by the end of the decade. The unequal distribution of the wealth had several outlets. excise was distributed between industry and agriculture within the U.S.; in handy classes, between the rich and middle class; and lastly in world markets, between America and Europe. Due to the imbalance of the wealth, the economy became very unstable.
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The stock market crashed because of the excessive speculation in the 1920s, which made the stock market artificially high (Galbraith 175). The suffering distribution of the wealth, excessive speculation, and the stock market crashes caused the U.S. economy to fail, family the start of the Great Depression. The 1920s were a time...If you want to get short a full essay, order it on our website: BestEssayCheap.com

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