The Great Depression
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Title: The Great Depression

Essay Details:

Subject: Miscellaneous
Author: William W
Date: November 19, 2013
Level: University
Grade: B
Length: 4 / 1139

Essay text:

The disparity in the distribution of wealth in the 1920's existed on many levels. Money was distributed unequally 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, and eventually lead to huge market crashes. These market crashes, combined with the maldistribution of wealth, caused the American economy to capsize. Lives and livelihoods of the lower economic groups were devastated...

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