Great Depression
Beginning of paper
Greg Squires The was the worst economic slump ever in U.S. history, and one which touched virtually all of the industrialized world. The Depression began in late 1929 and lasted for nearly a decade. Many factors played a role in bringing about the Depression; however, the main cause for the was t ....
Middle of paper
.... economy to capsize. The "roaring twenties" was an era when our country prospered tremendously. However, the rewards of the "Coolidge Prosperity" of the 1920's were not shared evenly among all Americans. According to a study done by the Brookings Institute, the top 0.1% of Americans had a combined income equal to the bottom 42% in 1929. That same top 0.1% of Americans in 1929 controlled 34% of all savings, while 80% of Americans had no savings at all. Automotive industry mogul Henry Ford pro ....
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Word count: 3395
Page count: 13 (approximately 250 words per page)
