Works Cited

Ametecon.com "Americas Great depression" 10 Nov 2004.

Gusmorino, Paul Alexander "Main causes of the great depression" gusmorino.com

13 may 1996, 10 Nov 2004

Hatch, Jane M. "October 29th the panic of 1929"

The American book of days: Third edition New York, 1978 965-966

Museum.edu. "causes of the depression" 10 Nov 2004

The Depression was the worst economic slump ever in the U.S. history (Gusmorino 1). At the beginning of the 1920's the U.S. had a strong economy and everything was booming up in prices (museum 1). Many people started buying home appliances, stocks, and vehicles with installment payments, which was purchasing a item without paying the total price at the time you would purchase it (museum 1).

In the later 20's many people started to Invest in the stock market and depended on it to make them a large amount of money for themselves. Throughout this time the nations income rose to a new...