it was cause by supply side economics:
"The Great Depression was the worst economic slump ever in U.S. history, and one which spread to virtually all of the industrialized world. The depression began in late 1929 and lasted for about a decade. Many factors played a role in bringing about the depression; however, the main cause for the Great Depression was the combination of the greatly unequal distribution of wealth throughout the 1920's, and the extensive stock market speculation that took place during the latter part that same decade. 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. These market crashes, combined with the maldistribution of wealth, caused the American economy to capsize."
2007-04-08 07:55:07
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answer #1
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answered by Ford Prefect 7
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When I had to do a paper about the Great Depression I found someone that lived through it and invited them to come talk to my class; my teacher loved that so much I got an "A+".
Unfortunately I don't remember much of what she talked about...sorry. Good Luck with your homework.
2007-04-08 07:52:55
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answer #2
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answered by Kat A. Tonic 5
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Generally speaking, given the over-all situation of the economy back in 1929 when the Great Depression first began, I don't believe it could have been avoided.
2007-04-08 07:56:16
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answer #3
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answered by Anonymous
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Opinion?
Depression = Bad, no opinion necessary.
.
2007-04-08 07:52:30
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answer #4
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answered by ? 5
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What kind of homework asks for opinions about historic events?
Here's a link. Look it up and form your own opinion.
http://www.pbs.org/wgbh/amex/rails/timeline/
2007-04-08 07:51:52
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answer #5
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answered by ? 7
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you won't learn ne thing getting others to do your homework. and chances are your teacher will know you are not the one who wrote it anyway. because the teacher has seen your work before and knows your writing style and someone elses work will be nothing like yours. you will get into worse trouble for cheating than for doing a poor paper, so do it yourself!!
2007-04-08 08:20:00
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answer #6
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answered by heather l 4
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I like seeing people struggle that act like theyre so important nowadays.
2007-04-08 07:50:50
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answer #7
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answered by Anonymous
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My dad told me is was very depressing.
2007-04-08 07:52:53
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answer #8
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answered by George D 3
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It was depressing.
2007-04-08 07:51:37
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answer #9
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answered by Anonymous
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they needed happy pills
2007-04-08 08:39:20
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answer #10
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answered by jean h 6
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