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The Great Depression
Part 1 of Paper
....r free enterprise economic system,"(
) few know of the many Americans who lost their homes, life savings and
jobs. This paper briefly states the causes of the depression and summarizes the
vast problems Americans faced during the eleven years of its span. This paper
primarily focuses on what life was like for farmers.... Part 2 of Paper
....ick enough (Drewry and O'connor 559).
A new plan was created called the installment plan. This plan was established
because many Americans didn't have enough money to buy goods and services that
were needed or wanted. The installment plan stated that people could buy
products on credit and make monthly payments. The one major problem with this
idea was that people soon found out that they couldn't afford to make the
monthly payment(Drewry and O'connor 559).
In 1929 the stock market crashed.... |
| Number of words: 1685 - Approximate pages: 7 |
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