Great Depression Essay | depression

This student essay consists of approximately 4 pages of analysis of depression.
This section contains 929 words
(approx. 4 pages at 300 words per page)
Buy the Student Essay on depression

depression

Summary: talks about the depression
These are all hard times for most people in America. The Great Depression was a time when most people had very little money if they had any. One of the main reasons for the depression was because of the stock market crashed on Thursday, October 24, 1929 or also called Black Thursday. The sense of confidence was reflected in the stock market. Stock sales had risen steadily for several years and as demand rose, so did stock prices. Many business leaders saw that there was going to be no end to the bull market (upward trend in stock prices). People in the market were buying and selling stock to make a quick profit. The people were margin buying (purchasing stock with borrowed money) and many thought that this would work if the bull market continued. The New Deal was the way that Franklin D. Roosevelt would get the U.S. out...

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This section contains 929 words
(approx. 4 pages at 300 words per page)
Buy the Student Essay on depression
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