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Title: The Correlation between the Great Depression, and the Depression of the Millennium

Essay Details

Subject: History
Author: Jennifer B
Date: November 14, 2014
Level: University
Grade: A
Length: 4 / 1020
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Although, the Great Depression in the 1930's has often times sparked debate as to its causes; there are a number of sound causes that correlate directly to the Millennium slump. From war reparations, lavish lifestyles, pools/speculation of the stock market, manipulation of the market and the rapid ballooning of the economy, emerge the similarities between the two economic slumps...

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The World Community had suffered greatly, both in the cases of retaliatory tariffs, as well as the war debts of European countries following War World I. Much like in that time period, the United States' belief that it was self-sustaining, and could sustain the economies of all war ravaged countries, inevitably hurt the American Economy...

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