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The Great Depression: Why the stock market crash and why the cause of depression?
I need to know about it exams, I read a lot about it on Wikipedia and on the Internet but I do not understand yet. can someone simplify it for me!
because after the first world war, the Americans had won a lot of money due to overtime and overtime worked. They started spending like crazy and getting loans and credit from the bank .. Americans but as time went on, had a difficult time to pay their loans to their banks due to the fact that immigrants came to work and lower wages and jobs began to disappear as demand for the products of war has been reduced. This created a domino effect ex. An American citizen has not been able to reimburse the bank, the bank repossesed the car, but had to sell it in bulk and money, companies do not sell a lot of sense that America expense of people and therefore werent began to collapse because there was no money along. It wasn't until Woodrow Wilson came to power and offered them a contract in which they create jobs for Americans in builduing public parks and roads to the cities. He has succeeded in his part, but what helped was the beginning of the Second World War .. This brought abundant jobs and Americans once again and go. The reason this time that depression has not been because of the dispersal of industries throughout the country .. cases involved property Consumption and advertising has been an effective way to reach … anywho Wana know more? im me slsoccerslayer7@yahoo.com
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