BVM2-Task4.docx A. The Great Depression was a result of many factors; a few examples
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BVM2-Task4.docx A. The Great Depression was a result of many factors; a few examples are stock market crash, banking panics, and decreased international lending. In 1929 the stock market crashed, taking close to forty-billion in US dollars. In the early 1920s, stocks seemed to be the solution to making money, and brokers would sell shares to individuals or businesses. These stocks would be sold on margin, and part of the money was placed in a loan.The profits were then repaid to the people from the shares. The stocks made the market at its highest, but the crash took it all way. The faith of the people became decreased for the economy. The people dramatically lowered the amounts of spending. Their stock was only worth 20% of what they originally paid for them (Norton, 2015). Another cause of the Great Depression was banking panics and monetary contractions. Most banks crashed from the stock ma
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BVM2-Task4.docx A. The Great Depression was a result of many factors; a few examples
BVM2-Task 2.docx A. The new land had long ahead of its self after forming all its colon
BVM2-Task4.docx A. The Great Depression was a result of many factors; a few examples
BVM2-Task 2.docx A. The new land had long ahead of its self after forming all its colon
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