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. ... Thus, although American Capitalism gave rise and support to America being the land of freedom and prosperity, the sharpest challenge came in the 1930s. ... 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...
- Word Count: 1388
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate