1. The Great Depression
... money and false optimism. When investors lost confidence, the stock market collapsed, taking them along with it. Short signed government economic policies were one of the factors that led to the Great Depression. Politicians believed that business was the key business in America. Thus, the government took no action against unwise investing. Congress passed high tariffs that protected American industries but ... , but others did not. Prices went up and Australains could not afford anything. Farmers and workers did not profit. Unevenness of prosperity made recovery difficult. Stock Market c...
- Word Count: 669
- Approx Pages: 3
- Grade Level: High School