The Great Depression
Beginning of paper
Though most Americans are aware of of 1929, which may
well be "the most serious problem facing our free enterprise economic
system,"( ) few know of the many Americans who lost their
homes, life savings and jobs. This paper briefly states the causes of the
depression and summarizes t ....
Middle of paper
.... major cause related to farmers. Farmers weren't doing to well
because they were producing more crops and farm products than could be sold
at high prices. Therefore, they made a very small profit. This
insufficient profit wouldn't allow the farmers to purchase new machinery
and because of this they couldn't produce goods quick enough (Drewry and
O'connor 559).
A new plan was created called the installment plan. This plan was
established because many Americans didn't have enough money to buy ....
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Word count: 1686
Page count: 7 (approximately 250 words per page)
