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Essay

Great Depression in the United States

Essay specific features

 

Issue:

American History

 

Written by:

Mattie B

 

Date added:

January 3, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

1 / 241

 

Was viewed:

6417 times

 

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Essay content:

The traditional explanation of a combination of high consumer and business debt, ill-regulated markets that permitted malfeasance by banks and investors, growing wealth inequality, and natural disasters such as the Dust Bowl and 1926 Miami Hurricane creating a downward economic spiral of reduced spending and production are also offered as alternative explanations...
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Industries that suffered the most included agriculture, mining, and logging. The depression caused major political changes, the most notable among them being the New Deal, which instituted large-scale federal relief programs aimed to aid the agricultural industry and support labor unions. The formation of the New Deal coalition by Franklin Delano Roosevelt was another notable accomplishment...
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