Great Depression Free Essay, Term Paper and Book Report
The Great Depression has been considered by many economical strategists, as well as citizens who had to live through the indescribable event, as the worst economical tragedy ever to have taken part in the history of the United States. The Great Depression was introduced to U.S. citizens in October of 1929, which lasted for approximately ten years. "The combination of unequal distribution of wealth, easy credit, the farmer's sector crisis, speculation, and the stock market crash are the five main reasons blamed for the Great Depression." (Rauchway, 16-17)
"Also, other causes of the Great Depression, such as tariffs and war debt policies, had cut down the foreign market for American goods, specifically, the Hawley-Smoot Tariff." (Egendorf, 22-23) "The act was intended to strengthen American industries by placing a high tariff on imports; in other words, the U.S. attempted economic isolationism" (Egendorf, 22-23)
Some Americans still believe it was only the stock market crash that caused the Depression; however, the stock market crash was the pièce de résistance. The time period of ......
Word Count: 1582
Page Count: 6.3 (250 words a page / double spaced)
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