Speculation in the 1920s caused many people to buy stocks with loaned money and they used these stocks as collateral for buying more stocks. The stock market boom was very unsteady, because it was based on borrowed money and false optimism. When investors lost confidence, the stock market collapsed, taking them along with it. This eventually led to the Great Depression. Short signed government economic policies were one of the factors that led to the Great Depression. Politicians believed that business was the key business of America.

Some common words found in the essay are:
Depression Politicians, America Depression, , Depression Divorce, Federation Labor, Depression Short, stock market, led depression,
Approximate Word count = 388
Approximate Pages = 2 (250 words per page double spaced)