The Great Depression Starting in the summer of 1929 and continuing over the course of the next four years, financial markets, labor markets, and goods markets all virtually ceased to function. ... Since the end of the Great Depression, macroeconomists have discussed vigorously the circumstances that led to the overall collapse of the economy. ... The crash of October 1929 played a large role in the Great Depression, but was only one of many drivers. ... When the Great Depression started to hit worldwide in 1930, it fell on economists to explain it and formulate a cure. ... Most of the ec...

• Word Count: 1299
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

The Great Depression was a turning point in U.S history. It has generally been established that the stock market crash in October 1929 was the beginning, and even the cause, of the Great Depression. ... Economists have many different ideas and theories about what caused the Great Depression. ... Another explanation for the Great Depression points to movements in the stock of money3. ... Although we recovered from the Depression it is within the realm of possibility that politicians would again make choices that would lead to into another Great Depression. ...

• Word Count: 1109
• Approx Pages: 4
• Grade Level: Undergraduate

The most famous depression in modern times, of course, was the one that began in a typical financial panic in 1929 and lasted until the advent of World War II. ... Here in this comparison, I will try to draw parallel between causes and responses to the "depression " in 1929-39 and today's "crunch ". ... If we make comparison in history of American economy the credit condition was never this much poor like they poor today except the period of Great Depression. Actually a lot of articles are arguing that today crisis almost similar to the crisis which took place in 1929-39 and sometimes eve...

• Word Count: 1664
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate