Causes of the Great Depression

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Issue:

American History

 

Written by:

Josue C

 

Date added:

June 14, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

13 / 3617

 

Was viewed:

9162 times

 

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Essay content:

The maldistribution of wealth in the 1920's existed on many levels. Money was distributed disparately between the rich and the middle-class, between industry and agriculture within the United States, and between the U.S. and Europe. This imbalance of wealth created an unstable economy. The excessive speculation in the late 1920's kept the stock market artificially high, but eventually lead to large market crashes...
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and Europe. This imbalance of wealth created an unstable economy. The excessive speculation in the late 1920's kept the stock market artificially high, but eventually lead to large market crashes. These market crashes, combined with the maldistribution of wealth, caused the American economy to capsize...
displayed 300 characters

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