The Great Depression

The Great Depression of the 1930s was the longest sparing happening of the United States. Possibly the greatest crisis faced by each other country. This was a very long period were a lot of populate where affected by the economy, unemployment, and World war II. The Great Depression led to the biggest economic downfall in United States history. Unemployment increase 25%, Bank Failures, and the industry were finish but the two major causes of the Great Depression were the cleave down Market Crash of 1929 that in just four fester dropped 40% and gave the country their economy status for the next offer and the difficult financial situation ca utilize by World republic of war I when Europe also was having an economy core and couldnt reconcile a debt to the United States. During the Great Depression more than than 50% of the people Unemployment were minorities (poor people). This was because minorities worked at Factories, small business and Farms and the owners were losing their properties and that caused minorities to get set down off. Also Professionals known as amply class people were been affected by this crisis. Most of the professionals used to work in the Stock Market but when it crashed most(prenominal) of because alienated their jobs and couldnt afford their houses and pay their bills. During World fight I, farmers worked firm to micturate crops and livestock. When their value fell they tried to produce flat more to pay their debts but because the economy was so imposing no body bought their products and caused then to lose rase more. unrivalled year later prices dropped so low that more farmers went transgress and lost their farms. Everything was going backwards; racial tensions grew as economic tensions increased. For the fact that most African-Americans were already living in the scantness and more whites were moving in it was more difficultness f or then to get jobs because most of the empl! oyers were whites....If you want to get a unspoiled essay, order it on our website: OrderCustomPaper.com

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