Wednesday, April 28, 2010

The Great Depression

The Great Depression was spread around the world in the 1930s and a few other nations picked it up in the early 1940s. The was no "one cause" to the Great Depression however there were many main factors to how the Great Depression began. During the early 1930s there were numerous bank failures and there were a number of stock markets that crashed which contributed to the beginning of the Great Depression. There wasn't also beliefs that companies were producing a lot more than the demanding amount which lead to bankruptcy of companies and stock market decline.

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