Saturday 20 April 2013

Economics

economics     In 1929, A Yale University Economist Irving Fisher stated. " The country is marching along a permanently high tableland of prosperity".(5) 5 days later the stock food market dossed and the worst economic downturn in American story called the "Great Depression" began. The Depression started in 1929 and would last for a decade until we entered War World II. The Great Depression change every part of economy and no job was safe. In 1929 unemployment was at 1.5 one million million and by 1933 unemployment reached over 13 million which meant 1 out of 4 were out of work (3).
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slightly who were successful businessmen before the stock market crash and now selling pencils or apples on the street corners afterwards the crash .Many business closed their doors, factories shut down and banks failed cause homelessness, poverty and general despair on many Americans. Brobdingnagian numbers of Americans had their lives upset by the Depression. Tens of thousands of migrant farm workers traveled...If you wishing to get a full essay, order it on our website: Ordercustompaper.com

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