1. Great Depression
So the average American was living quite content, but had no savings if something was to happen like, The Great Depression. ... Like always, the U.S tried to be the world's banker ,but this time it backfired on them .Europe could not pay back the interest on the loans nor could they buy any goods with gold, so this led the America to "The Great Depression" real fast . ... The Great Depression was a worldwide phenomena, more than 1300 banks closed in 1930 and 3700 more within the next two years. ... At this time The Great Depression had psychological effects and he...
- Word Count: 912
- Approx Pages: 4
- Has Bibliography
- Grade Level: High School