The Great Depression- Australia A Depression, in economics is described being a deep, extended slump in total business activity. ... The Great Depression was the world's biggest economic crisis since World War One. ... After the sudden rise of 3.8% in 1927, the Unemployment rate grew steadily and when the Great Depression Australia was certainly one of the countries hit hardest by the depression, because Australia relies heavily on overseas trade and investment. ... During the next year of 1930, the number of unemployed jumped again quite dramatically as a result of the economic collapse...

• Word Count: 753
• Approx Pages: 3
• Grade Level: High School

The Great Depression started in late of October 1929 and in some countries didn't end until World War II. Most countries suffered the hardest in the mid 1930's and was considered to be a worldwide economic depression. ... 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. ...

• Word Count: 1002
• Approx Pages: 4
• Grade Level: High School

The 1930's were grueling for the majority of the American population. ... 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). ... Although it did not impact the people immediately, since only 2.5% of the population had stocks, it did affect factories and other businesses (The Great Depression). ... In 1929 at the beginning of the depression, 600 banks closed. ... Could the Great Depression happen again? ...

• Word Count: 629
• Approx Pages: 3
• 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 laying off 1/3 of the labor force and make people beg for minimum wage jobs during the 1930's? ... I believe that the Great Depression could have been prevented and I have the answers to these questions and more in the following paragraphs. ...

• Word Count: 289
• Approx Pages: 1
• Grade Level: High School

The Great Depression would come and take the U.S. and the world by storm, leaving ruin and despair in its wake. ... October 29, 1929 is the day that began Americas descent into the Great Depression. ... The failure of banks during the 1930s is considered another reason for the Great Depression. ... Another factor considered as cause for the Great Depression was a reduction in purchasing across the board. ... These are the main factors that are commonly attributed to causing the Great Depression. ...

• Word Count: 2613
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School

After the boom of the 1920's, the United States went into a financial crisis that lasted throughout the 1930's. 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. ... People used borrowed money that they couldn't repay because of the weak banking system, another reason for the Great Depression. The weak banking system was another reason for the Great Depression...

• Word Count: 1117
• Approx Pages: 4
• Grade Level: High School