Wall Street Crash of 1929 Essays
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Imagine it is the year 1933 and you are an American citizen in the United States. Your country takes a dark turn when all of a sudden you are out of a job, the bank has shut down, and the stock market has crashed. The United States is now going through an economic crisis that has the country in chaos. Luckily this tragic story has a pleasant ending. Franklin D. Roosevelt takes on the daring task of becoming the next...
1 Page
473 Words
Many people claim that the Stock Market crash of 1929, was the main cause of the Great Depression. Multiple predicaments led to the economic fall in the United States. World War I created a web of debts and reparations, created under the Treaty of Versailles. Nationally, stocks were being bought with credit. Agriculture began to take the plunge because the demand was decreasing, since the war was over. Slowly, the loss of money began to plague the American economy, along...
2 Pages
1116 Words
Did you know about 15 million people were out of work during the Great Depression time period. It was the worst economic disaster in our country's history. There were other problems, causes and effects. This event impacted the United States and the World forever. The Great Depression was a devastating event that happened in the United States, Europe and other industrialized areas around the world. This event started on October 29 of 1929 and lasted until April of 1939 (10...
2 Pages
683 Words