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Jerry Phillips
April 16, 2008
The Great Depression
Many factors played a role in bringing about the depression. However, the main cause for the Great Depression was the combination of the greatly unequal distribution of wealth throughout the 1920's and 30's, and the extensive stock market speculation that took place during the 1930's. These were not the only factors of the great depression, structural weaknesses and the fact that most of the other countries were affected just kept the depression going were also played a part. The resulting period ranked as the longest and worst period of high unemployment and low business activity in modern times. The Great Depression was the worst economic slump ever in U.S. history, and one that spread to virtually the entire industrialized world. Banks, stores, and factories were closed and left millions of Americans jobless, homeless, and penniless. Many people came to depend on the government or charity to provide them with food. It led to...

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Title: Great Depression
Approximate word count: 758
Approximate pages: 4 (250 words per double-spaced page)

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