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.
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I agree with you. It was more than one factor that caused the great depression.
ReplyDeleteI have to agree with you and Josh, there isnt just one cause that led up to the Great Depression, a multitude of factors came into effect as reason for the depression of the 1930s.
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