The Great Depression Thesis

Tags: Thesis Statement For Computer CrimesCreative Writing Pictures For KidsWriting Business Plan TemplateCollege Essays MlaHerbal Medicine Research PaperApplication Letter Of InterestZadie Smith Essays OnlineSophocles Oedipus Rex As A Classical TragedyComputer Boon Bane EssayFrankenstein Vs Prometheus Essay

It was also a double loss in that though the clients lost their money, the banks were forced to close down.

This is because they directly depended on the stock market.

The stock market that had for long been viewed as a path to wealth and richness was now a sure path to bankruptcy (Martin 106).

Economic impact of the Great Depression Failure of the stock market.

After almost a decade of prosperity and optimism, the US was now exposed to a period of despair.

The day when this happened is referred to as Black Tuesday, and it is the day when the stock market crashed.

They created a situation that was referred to as the Dust Bowl.

The farmers were used to overgrazing, and now this had to combine with the effects of drought leading to a blow to the farmers.

Most of the farmers were situated at the Great Plains before the Great Depression took place.

The territory was affected so badly by drought and dust storms which were horrendous in nature.


Comments The Great Depression Thesis

The Latest from ©