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Facts of the great depression
Title: Facts of the great depression
Category: History / World History
Details: Words: 1749 | Pages: 7.4 (approximately 235 words/page)
Facts of the great depression
It may not give you why, but sure will give the facts as to what caused the depression Great paper!
To my amazement the Great Depression serves as a natural debating point that 'justifies'
or 'refutes' various economic policies. The Great Depression and the New Deal are
complex topics that are open to many interpretations. The Great Depression was the
worst economic slump ever in U.S. history, and one which spread to virtually all …showed first 75 words of 1749 total…
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…showed last 75 words of 1749 total…occurs in the spring.
*The GNP falls another 8.5 percent; unemployment rises to 15.9 percent.
1932
*This and the next year are the worst years of the Great Depression. For 1932, GNP falls
a record 13.4 percent; unemployment rises to 23.6 percent.
*Industrial stocks have lost 80 percent of their value since 1930.
*10,000 banks have failed since 1929, or 40 percent of the 1929 total.
*About billion in deposits have been lost since 1929.
*Money supply has contracted 31 percent since 1929.
*GNP has also fallen 31 percent since 1929.
*Over
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