1. The great Depression
... debt incurred from expanding production and buying agricultural machinery. In conclusion, the three main factors contributing to the severity of the Great Depression were: the over stimulated economic euphoria of the 1920's; the draconian monetary policy pursued by the Federal Reserve Bank between 1930-1933 and the sudden rise of global protectionism leading to the collapse of world trade and the rise of income taxes in 1932. There were many other factors which ... made the human experience much worse than was necessary due to the lack of adequate ... ...
- Word Count: 2418
- Approx Pages: 10
- Has Bibliography