Great Depression Essay Topics

Great Depression Essay Topics-33
The Stock Market Crash of 1929 was in the majorities opinion, a long and overdue crash that was bound to happen.Prices sky-rocketed so high that when they reached what was believed to be it’s all time high, most people sold their gaining stocks for a profit.

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In 1932 the American writer, Stuart Chase described cycles as “the spree and hangover of an undisciplined economy.”Economists recognized the depression as a cycle in which there were four cycles; expansion; crisis(or panic); recession (or contraction); and recovery.In other areas, the extreme opposite took place: farmers overproduced and prices rapidly dropped because the demand decreased.The drastic result of this oversupply made it hard for farmers to make money due to the fact that they had so much that they were forced to sell it at substantial low priced just to remain competitive enough to make even the small profit they were making.There are many contributing factors but not one specific event can be pin pointed for starting the depression.It is believed that some events contribute more than others-such as the Stock Market Crash of 1929.The following list will provide you with a wide variety of broad topic ideas.Once you have selected a topic, you can Contact the Education Specialist at the Roosevelt Presidential Library and Museum's Education Department for primary source information about these topics.The definitive description was made by Wesley Clair Mitchell of the University of California.A cycle Mitchell explained in Business Cycles(1913) was “the process of cumulative change by renewal of [Economic] activity develops into intense prosperity by which the prosperity engenders a crisis, by which crisis turns into depression and by which depression finally leads to….So many people sold their stocks at a rapid rate that the corporations were unable to pay the shareholders.Speculation arouse months before the crash when Roger Babson made his speech at the annual National Business Conference which he said “…..

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