1. Great Depression and US Capitalism
There are a number of key characteristics of American Capitalism. ... Second, economic activity is organized and coordinated through the interaction of American buyers and American sellers (or producers) in markets. ... Statistics can document a slumping economy, mass unemployment and swelling relief rolls. ... The top 0.5 percent of Americans owned 32.4 percent of the net wealth of the entire population, the greatest such concentration of wealth in the nation's history. ... Only about 4 million Americans owned any stocks, out of a total population of 120 million. ...
- Word Count: 1388
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate