The Great Depression: Causes and Effects
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The paper discusses causes that included weaknesses in the banking and business structures and overproduction. The paper also explains how the Depression was triggered by the Stock Market Crash and resulting runs on banks also contributed. The paper looks at the effects that included a different view of the role of the Federal Government due mainly to the New Deal policies of FDR.
From the Paper:"The Great Depression is the name given to that period in U.S. History when America suffered it's worst economic collapse. This period is seen as the years between October 24, 1929 or "Black Thursday" when the Stock Market crashed and December 7th, 1942 when the Japanese attack on Pearl Harbor signaled America's entrance into World War II. There were many causes of the Great Depression and many effects, both upon the United States and the rest of the world. The causes included both a set of immediately preceding events or short-term causes and a series of long-term historical trends."
Cite this Cause and Effect Essay:
The Great Depression: Causes and Effects (2007, December 01) Retrieved October 03, 2023, from https://www.academon.com/cause-and-effect-essay/the-great-depression-causes-and-effects-134816/
"The Great Depression: Causes and Effects" 01 December 2007. Web. 03 October. 2023. <https://www.academon.com/cause-and-effect-essay/the-great-depression-causes-and-effects-134816/>