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The Great Depression. How Did The Great Depression Come About?

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  • Post Date 2018-11-07T12:04:49+00:00
  • Post Category Essays

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The Great Depression. How Did The Great Depression Come About?

The Great Depression. How Did The Great Depression Come About?

INSTRUCTIONS:
Please only answer the following questions in the paper. How did the Great Depression come about? What were some of the domestic causes? What about foreign causes?
CONTENT:
Name:University:Course:Tutor:Date:The Great Depression How Did The Great Depression Come About? Great depression is believed to have originated from United States in 1929. The American economic peak and dream had come to a halt. This followed the crash of stock exchange market of Toronto, Montréal and New York. The whole North America was affected. The great depression caused a lot of layoffs, bankruptcy, increased poverty rate and climatic disaster. At the end of the great depression, the affected countries were left counting on prevailing miseries beyond their control. In Canada, the attitudes toward the poor really changed. Due to this new political parties were formed with new policies of combating economic problems. As the stock market crashed, several people tried to sell their stocks to ensure that they recovered their wealth. In contrast, nobody was willing to purchase these stocks. This later converted the stock market into a source of bankruptcy. The crash was just the beginning of the great depression. Banks which invested heavily into the stock market were rendered bankrupt. ...

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