Great Depression
Many things were responsible for the Great Depression of 1929. One factor was the low income among the farmers and the factory workers. The farmers’ prices of their goods went down 40 percent, making it impossible for them to make any profit. They were not making enough money to continue paying their mortgages on their farms. Banks began to fail. Many people lost money they had invested in the bank. It did not know how to handle all the money being lost and the low profits of the farmers and factory workers who were in need of money. Another problem was the United State’s international trade. The Europeans demands for American goods began to decrease. Another problem was when WWI ended in 1918, the Europeans made allies with the United States, because they owed large debts, that they could not pay to the American ban
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Some common words found in the essay are:
Stock Market, , Dust Bowl, York Roosevelt, South Midwest, Herbert Hoover, People Roosevelt, Market Crashed, stock market, Presidential Election, farmers factory, market crashed, dust bowl, farmers factory workers, factory workers, stock market crashed,
Approximate Word count = 558
Approximate Pages = 2 (250 words per page double spaced)
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