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The Origins Of The Great Depression
Beginning of paper
The Great Depression that began in October of 1929 and lasted 10
years, is said to have many factors that play a role in the dramatic
downfall of the economy. Although no economist has ever accurately
explained why this disaster ever came about, economists have come up with a
few events and actions that have come up with a few events and actions ....
Middle of paper ....nd so they could not contribute to the buying of goods. Yet
surprisingly, the stock market soared without any regulation.
In the 20's banks began to quickly sprout up here and there around
the country to provide the Americans with the loans that they needed to, “
Get Rich Quick,” in the stock market. These Americans bought stocks on
margin,.... |
Word count: 611 |
Page count: 3 |
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