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Essay | Who Caused the Great Depression?

This student essay consists of approximately 2 pages of analysis of Who Caused the Great Depression?.
This section contains 470 words
(approx. 2 pages at 300 words per page)
Purchase our Student Essay on Who Caused the Great Depression?

Who Caused the Great Depression?

Summary: A popular sentiment has been that President Herbert Hoover and his policies were to blame for the Great Depression, which began during his administration in 1929. In recent years, historians have determined that the culmination of many factors, rather than the actions of one administration, led to the depression. This analysis of the events leading up to the Great Depression points a finger at the administration of Warren G. Harding in the early 1920s.
Many have argued about whose conscience the "Great Depression" should fall on. At the time it happened in 1929, many of those affected blamed Hoover and his policies for their newfound woes. However, as historians looks back on these years and the years directly proceeding them, historians have argued that perhaps the "Depression" was not the act of a single administration but in fact the culmination of many factors which made the "Depression" inevitable many years before it had even taken place.

In 1920, Warren G. Harding was elected president under the Republicans platform. During his campaign he advocated a "Return to Normalcy", which meant he wanted to bring America back to its pre-WWI days. In his return to normalcy, Harding ceased progressive reforms and took a pro-big business stance; letting private businesses run without to much government interference. Harding died in 1923 amidst many scandals and corruption...

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This section contains 470 words
(approx. 2 pages at 300 words per page)
Purchase our Student Essay on Who Caused the Great Depression?
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