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 long and devastating crash had ... that of 1929), the damage to the economy and to the American intellect was irrelevant, due to shields that had been set up since the fiasco of 1929("The stock market crash of 1987"). The Federal Deposit Insurance Corporation (FDIC), also still exists today. It contr...

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