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Essay

Great Depression

Essay specific features

 

Issue:

American History

 

Written by:

Jonathan A

 

Date added:

July 1, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 1970

 

Was viewed:

2170 times

 

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Essay content:

Hoover is very unfair. Herbert Hoover was only one of many causes of the Stock Market Crash. It is easy to try to place the blame for one of the most destructive events in the history of the American economy on one person, but the real causes lie in the rampant speculation, the lack of regulation of the stock market, and the questionable ethics of many of the companies and brokers that were involved in the market...
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Although the 1929 Stock Market Crash is generally blamed on a few scapegoats, it was actually caused by a multitude of factors, which makes finding a scapegoat impossible. While there may be some arguments among historians, speculation is obviously one of the major causes of the Crash. Speculation (In the context of the stock market) is the buying of stocks with the purpose of profiting not from the dividends that the stock pays, but by the fluctuations in the price (Axon 31)...
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