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Essay

Great Depression

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Edna S

 

Date added:

May 5, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1678

 

Was viewed:

7060 times

 

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Essay content:

abruptly stopped its policies to help farmers. During the war the United States government had paid an unheard of $2 a bushel for wheat, but by 1920 wheat prices had fallen to as low as 67 cents a bushel11. Farmers fell into debt; farm prices and food prices tumbled. Although modest attempts to help farmers were made in 1923 with the Agricultural Credits Act, farmers were generally left out in the cold by the government...
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The problem with such heavy concentrations of wealth and such massive dependence upon essentially two industries is similar to the problem with few people having too much wealth. The economy is reliant upon those industries to expand and grow and invest in order to prosper. If those two industries, the automotive and radio industries, were to slow down or stop, so would the entire economy...
displayed 300 characters

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