The Great Depression

Many factors played a lineament in causing the enceinte picture. A major pillow slip of the Great clinical depression was the combination of the greatly unequal spreading of wealth throughout the 1920s. Another factor was the extensive flyaway strain commercialize speculation by investors that took place during the latter(prenominal) vocalization of that same decade which led to the panic on the farm animal market and the crash now called cutting Thursday. The Great Depression was the most terrible and longest scotch collapse of the industrial world, continuing from the end of 1929 until early 1939. The main causes for the Great Depression were a combination of unequally distri stilled wealth, the assembly line market crash, and over production of goods. This essay will draught these three causes and how they helped to open to the Great Depression. The United States had a fast economic growth right after the war. The economic system was growing outrageous ly without having the proper control of the government. The big industries were bunce and approximately 31% of the wealth of the United States was in the guard of only 1% of the citizens (Socyberty, 2007). The difference of the wealth of the American majority rule shaped an unsound economy. Money was dispersed very otherwise between the rich and the middle-class, between industry and agriculture in spite of appearance the United States, and between the United States and Europe (Kutler, 2003).

The unequal scattering of wealth existed on many levels. This imbalance of wealth created an touch-and-go economy. The excessive speculations kept the stock market artificially high, yet eventually lead to large market crashes. The! se market crashes, connect with the unequal distribution of wealth, and bank failures, caused the American economy to collapse. Billions of dollars were invested in the stock market as people began speculating on the go up stock prices and purchase on margin. The... If you want to get a full essay, localize it on our website: OrderEssay.net

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