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Essay

Causes Of The Great Depression

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Issue:

Miscellaneous

 

Written by:

Jeannette C

 

Date added:

April 18, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

11 / 3018

 

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The people of the working class were significantly increasing their output, but their wages only increased slightly. For example, the average worker out put from 1923-1929 increased about 32%, but the average income of the worker only increased about 8% (Gusmorino, Main Causes of the Great Depression)...
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For example, the average worker out put from 1923-1929 increased about 32%, but the average income of the worker only increased about 8% (Gusmorino, Main Causes of the Great Depression). Therefore one may conclude that wages only increased one-fourth the amount production increased. Another amazing feat of the manufacturing increase was that prices for goods stayed the same, therefore the executives in the companies were keeping the mass amounts of profit that were now coming into the company...
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General issues of this essay:
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