1. Stock Market Crash of 1929
When the soldiers returned to the United States after World War 1. ... But perhaps the most important effect was the chaos in the banking system, as banks tried to collect on loans made to stock market investors whose holding were now worth little or noting at all. ... The monetary police tightened the gold outflow, mainly from the U.S. to France. ... The American depression produced severe effects overseas, especially in Europe were many countries had not fully recovered from World War 1. ... The world had been in shock and also it financial distress of there own from the effect of World War...
- Word Count: 1618
- Approx Pages: 6
- Grade Level: High School