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Thursday, January 31, 2019

Essay --

Following WW I in the 1920s, in that respect was a decade of an economical explosion. The post-war era brought about many changes. Businesses showed broad profits, migration to big cities of industrial companies occurred with the hopes of making a better life, people were tending(p) the opportunity to purchase things on credit, while others borrowed money making piteous decisions buying high priced stocks with the intention of selling stocks for a profits to fix lenders. When Black Tuesday occurred on October 29, 1929, this marked the beginning of the Great Depression that go forth devastating economic hardships for the American people. Although it was always my belief that the stock grocery store crash was the sole contributor of the Great Depression, there was actually a number of contributing factors that ultimately led to the great crash. The economic flesh out made it possible for companies to became more efficient with manufacturing and began stockpilin g goods, once this occurred companies had to put down back on production. The wealthy stopped buying which led to further stockpiling. The work...

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