1. Economic Collapse of the Great Depression
The Great Depression went down into history as being the worst economic event in the United States. ... The decline of economic output was due to a decline in demand . One of the main causes that added to the Great Depression's radical decline of economic output was the New York stock market crash of 1929. ... The Smoot-Hawley tariff was designed to reduce foreign competition in agricultural products in order to raise farm incomes. ... Even though the Great Depression is one of the worst economic events in history, we will hopefully as a country learn from this and prevent this in the fut...
- Word Count: 1131
- Approx Pages: 5
- Has Bibliography
- Grade Level: High School