1. The Great Depression
... Depression was not the first or only depression Americans had seen, but it was the worst. The government intervention was higher than it ever had been during the depression. The Federal Reserve Board, a special government agency, had been set up in 1913 to prevent depressions and the problems that were associated with it. This agency was the last resort for bank to ... prevent collapses that occurred during depressions. The actions of the Federal Reserve Board explained many problems that led up the Stock Market crash and the other effects of the depression. The Federal Reserve Board wa...
- Word Count: 773
- Approx Pages: 3
- Grade Level: High School