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The Origins Of The Great Depression
Beginning of Essay
The Great Depression that began in October of 1929 and lasted 10
years, is said to have many factors that play a role in the dramatic
downfall of the economy. Although no economist has ever accurately
explained why this disaster ever came about, economists have .... Middle of Essay .... without the
government interrupting or regulating it in any way. The belief that came
from this policy was that the businesses that consolidated would receive
larger profits from the consumer and share it in the worker's wages, who
would in turn invest in the general wealth by investing in the stock market
and also buying the manufacturer's goods. Even though it was true that the
businesses were gaining on profits, the worker's wages were not being
raised, and so they could not contribute to the buying of goods. Yet
surprisingly, the stock market soared without any regulation.
In the 20's banks began to quickly sprout up here and there around
the ....
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Words: 611 - Pages: 3
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