Great Depression (aug 1, 1929 – apr 4, 1933)

Description:

- Causes of Great Depression:
- Wages risen little comparing to the increase in corporate profit
- Speculating on stock market, buying on margin
- Over-production by business, workers with low wages cannot afford goods
- Farmer suffered overproduction, high debt, and low prices
- Government did not regulate business
- Weak European economy

Added to timeline:

Date: