People thought things would only get better, but as stock prices continued to rise, it reached levels that could not be justified by anticipated future earnings by the end of 1929 (The Great Depression). On October 24, 1929, the stock market finally crashed as investors kept on cashing in their investments over the years. ... In 1929 at the beginning of the depression, 600 banks closed. ... Between 1929 and 1933, 10,763 of the 24,970 commercial banks in the United States failed (McNeese 31-35). ... Could the Great Depression happen again? ...

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• Has Bibliography
• Grade Level: High School

Could the Great Depression of the mid 1920's to late 1930's have been prevented? ... Could we have prevented people panic selling their stalks in October of 1929 when the stalk market crashed? ... I believe that the Great Depression could have been prevented and I have the answers to these questions and more in the following paragraphs. ... Five days later October 29, 1929 the market crashed again this time for good loosing over $30 billion was lost people named the day black Tuesday. ...

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• Grade Level: High School

It is clear that once the panic in 1929 occurred, the Great Depression started going in full swing. In the United States Business Cycle, there was a climax deviation of -60% around 1933, but that deviation started in late 1929, right after the time of the crisis.(Doc A) Banks also had to have the strength to support the stock market after crash in 1929. ... Credit Spending was also another crucial cause of the Great Depression. ... Credit spending truly had a domino effect that would eventually cause the Great Depression. ...

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• Grade Level: High School

October 29, 1929 is the day that began Americas descent into the Great Depression. ... In March of 1929 there was a mini crash as the price of stocks began to drop. ... By the spring of 1929 steels production, housing construction, and new car sales were also coming down. ... The summer of 1929 during the period between June and August stock prices reached their highest to date. ... On September 3, 1929 the stock market reached its peak with the Dow Jones Industrial Average closing at 381.17. ...

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• Has Bibliography
• Grade Level: High School

During the Great Depression, life for many Americans was difficult. ... Jim is trying to provide for a family after he lost his license during the Great Depression. ... They show the struggle that some relationships had because of the Great Depression. ... This remarkable story took place during the Great Depression, 1929-1935, in both New York and New Jersey. ... The movie relates to the Great Depression because Jim Braddock is going through all these hardship during the Great Depression. ...

• Word Count: 962
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• Grade Level: High School

The Great Depression started in late of October 1929 and in some countries didn't end until World War II. ... This depression not only affected the poor but it also affected the rich. ... With the Great Depression being at its highest impact, many knew what type of life was ahead of them. ... The homeless during the Great Depression were fighting for survival, unlike today's society. The homeless from the Great Depression was not by choice. ...

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• Grade Level: High School

The Great Depression was indeed the worst ever economic slump in the history of the United States. Nearly all aspects of the industrialized world were affected starting in 1929. There were many factors that played a part in the Depression, and the problems can be rooted mainly into the 1920's, the decade preceding the Depression. ... When the stocks started to fall slowly since September of 1929, people did not realize just how much trouble they were in. ... The economy was down; the Great Depression had begun. ...

• Word Count: 887
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• Grade Level: High School

This financial crisis was later known as the Great Depression. There were many factors that played into the bringing about the depression but the main cause for the Great Depression was the combination of the market crash and the weak banking system in the United States. Throughout the boom of the 1920's, the stock prices went up and more than quadrupled from 1920 to 1929. ... But then in 1929, stocks started to go down pretty quick and by 1932 and 1933, they had hit rock bottom. ... The weak banking system was another reason for the Great Depression. ...

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• Grade Level: High School

However, when the stock market crash hit in 1929 him and his family lost everything. ... James Braddock's story is an incredible journey that gave hope to many during the trying time of the Great Depression. ... James had already tried to make his way through the depression with boxing, but it was unsuccessful, embarrassing, and resulted in having his boxing license revoked. ... James Braddock, the man who used to have it all, was in the same boat as the others facing the struggles during the Great Depression, making him more relatable. ...

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• Grade Level: High School

A few times that we experienced this first hand was during the stock market crash of 1929, the tech crash of 2000, and the financial of 2008 (http://useconomy.about.com/od/Employment/p/cyclical-unemployment.htm). ... The Great Depression in 1933, with the unemployment rate at 25 percent, reflects the worst cyclical unemployment in the United States history (BOOK). ... Unemployment creates unhappiness that could lead to depression. ...

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• Grade Level: High School