1. Reasons for the Great Depression
... 1929, such as unequal distribution of wealth among the people and companies, bank failures, major decline in industries, and the collapse of the international trade. One major contributor to the Great Depression was poor distribution of wealth among the people and corporate powers. On average, people's wages stayed the same even as prices for these goods increased. The factories and farms still ... were overproduced. Because of this imbalance, the economy could not remain on an even level causing it to lose millions of dollars. Another major factor of the cause of the Great Depression...
- Word Count: 1629
- Approx Pages: 7
- Has Bibliography
- Grade Level: High School