causes of the great depression

Essay specific features

 

Issue:

American History

 

Written by:

Robert S

 

Date added:

June 25, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

12 / 3310

 

Was viewed:

4746 times

 

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Essay content:

These market crashes, combined with the maldistribution of wealth, caused the American economy to capsize. The "roaring twenties" was an era when our country prospered horribly. The nation's total realized income rose from $74.3 billion in 1923 to $89 billion in 1929. However, the rewards of the "Coolidge Prosperity" of the 1920's were not shared evenly among all Americans...
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The nation's total realized income rose from $74.3 billion in 1923 to $89 billion in 1929. However, the rewards of the "Coolidge Prosperity" of the 1920's were not shared evenly among all Americans. According to a study done by the Brookings Institute, in 1929 the top 0.1% of Americans had a combined income equal to the bottom 42%...
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