The Great Depression
The Great Depression has examples of many economic principles. Many people consider the original cause of the Great Depression to be World War 1. Before WWI Germany accounted for about sixty percent of the exports and manufactured goods throughout the world. After the war Germany turned in to a very depressed country. Germany not producing as many products and not being strong economically hurt the rest of the world because most other countries relied on Germany one way or another and had to find new means of receiving the merchandise that Germany had provided for them. The main cause for the Great Depression was the stock market crash of 1929. In the Early twenties, the economy was running smooth and the country seemed to going in the right direction. Between 1923 and early 1929 primarily everything increased, the employment rate went up. The unemployment rate was about six percent at the beginning of the Great Depression, by the low point in the crash the unemployment rate increased to approximately forty percent. The unemployment rate of farmers did not increase during the great depre
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Some common words found in the essay are:
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Approximate Word count = 743
Approximate Pages = 3 (250 words per page double spaced)
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