1. The Long Reaches of the Great Depression
The Great Depression began in 1929, when the stock market in the United States dropped rapidly. ... A prime example that led to this tragedy is the Federal Reserve's decision to raise interest rates in 1928 and 1929. ... In the autumn of 1929, October 29th to be more exact, "Black Tuesday,"" after a week of steadily rising instability, all efforts to save the market failed. ... Roosevelt worked on this program immediately after his election; this deal had an exceptional number of reforms addressing the effects of the Great Depression. ... But with all the United States' attempts at r...
- Word Count: 807
- Approx Pages: 3
- Grade Level: Undergraduate