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Great Depression 6
Part 1 of Paper
....unemployment, and the highest frequencies of bankruptcies. But can one from this say that "the Great Depression" was a breakdown of capitalism? Or was it simply an economic low-point that had to follow the prosperous 20's?
In the 1920's everything seemed to be running smoothly over the whole world. People had a good ti.... Part 2 of Paper
....es went through the roof.
The acute phase of the Great Depression began in October 1929, on "the Black Friday", with the Wall Street Crash and continued through the early 1930s. The stock marked crash was not the cause of the depression, but a symptom of a problem whose real causes lay much deeper. Some of them even so fare away from Wall Street, as the farmers of eastern Europe, After share prices plunged on Wall Street in 1929 the US banks began to call in their foreign loans. They had also lo.... |
| Number of words: 781 - Approximate pages: 3 |
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