Great Depression
The Great Depression
The Great Depression is the worst economic period in the U.S history. This didn't just affect the United States of American, but the entire industrialized world. Historians may say that the Great Depression started in the late 1929, but it really started years earlier. There are many reasons way the Great Depression came about. One of the main causes was the great unequal distribution of wealth throughout the county. This wealth was spread through out the rich and middle class. This unequal spread was seen in the industry and agriculture section of the economy. This imbalance of money created an unstable economy. When the market crashed, American economy capsized along with the other industrialized nations.
In the twenties the nation income rose from $74.3 billion in 1923 to $89 billion in 1929. The 1920's were known as the "roaring twenties" because of the tremendous prosperity of the wealth of the nation. The rewards of the twenties were not spread equally......
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