Thursday, February 11, 2010

Great Depression

Economists and historians have debated over the causes of the great depression for years. There were many different theories such as lack of "business confidence", international affairs, and "underconsumption". These all lead to the great depression, not one can be blamed. But with so many happenings contributing, they helped to make it much worse. Americans were paid to little, and companies were over producing with not as many people wanting to buy.