Great Depression (1 авг 1929 г. – 4 апр 1933 г.)
Описание:
- 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
Добавлено на ленту времени:
Дата:
1 авг 1929 г.
4 апр 1933 г.
~ 3 years and 8 months