The Great Depression was the worst economic slump even in U.S. history, and one which spread to viturually all of the industrialized world. The depression began in late 1929 and lasted for about a decade. The causes of the great depression made one of the greatest economic downfalls. The main causes for the great depression was the combination of the greatly unequal distribution of wealth throughout the 1920ís and the existed on many levels. Money
showed first 75 words of 2232 total
showed last 75 words of 2232 total
stock prices fell pretty steadily. (World book)
The spending of buying luxury items between 1923 and 1929 declined form $203.6 billion $141.5 billion. Business investment fell from $40.4 billion to $5.3 billion. Unemployment rose from a low 3.2% to a high 24.9%.
The Great Depression interested this researcher in so many ways that this researcher had to pick the hardest thing to prove on it so it is true that the cause of the Great Depression made one of the greatest economic downfalls.