After WW1, the United States suffered from a Great Depression. The Great Depression took place due to several factors, one of these is the stock market crash on October 24th, 1929, after people began to sell their stocks. The price of shares dropped harshly, leaving financial loss and panic. The ... been seen before, it had a great impact on the United States economy. Many Businesses closed including banks, putting millions of people out of work and creating distrust of the financial industry. The wages for those still fortunate enough to have work fell sharply. Money inflated as the demand ...

• Word Count: 767
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate