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Did the prosperity of the 20's lead to the depression

In my opinion, I think that the prosperity of the 1920's did partly cause the Great Depression. I feel this is true because, although the 1920s appeared to be a time of great prosperity, in fact, it was a time of many weaknesses in the world economy. The apparent wealth was unevenly distributed. The wealthy, the "captains of industry" made huge profits on things like railroads and oil, but the rest of the people, caught up in the atmosphere of prosperity, spent more than they earned. Farmers in particular faced heavy debt, and after World War I were unable to make a profit. In Europe, the economy was having a hard time recovering from World War I, and the countri



Some common words found in the essay are:
World War, Cause Depression, , consumer credit, prosperity 1920's, world war, huge profits, economy twenties, cause depression,
Approximate Word count = 491
Approximate Pages = 2 (250 words per page double spaced)

  

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