1. The Great Depression
... European goods eliminated America out of its market. Europe lost the American market and soon Europe's economy would collapse and the depression would soon be worldwide. The depression would hit America like the black plague. There has never been such a recession like this in history. Following the market ... more banks closed their doors to the public. Depositors lost $2.5 billion in deposits because there was no type of banking insurance. The impact the depression had on people lives was incredible; people literally struggled to survive. 5,000,000 to 6,000,000 able-bodied men were ou...
- Word Count: 1222
- Approx Pages: 5