Stock Market Crash Of 1929: Cause Of The Great Depression
Stock Market Crash of 1929 Essay
The stock market crash of 1929 ensuing the great depression affected the social, political, and economic setting of the 1930's. Lasting till the mid 1930's the economic depression devastated countries and common people’s lives. The problems that caused these affects are people in debt, greatly lower goods purchasing, and views of how government should play a role in citizen’s lives.
Political conflicts of the government role in citizen’s lives raged throughout politics. Republicans believed government should not be involved in banks credit loan regulations. This allowed for unrestricted amounts of credit and loans to be made, allowing people to over use and consistently be in more debt. Thus promoting the
The stock market crash of 1929 ensuing the great depression affected the social, political, and economic setting of the 1930's. Lasting till the mid 1930's the economic depression devastated countries and common people’s lives. The problems that caused these affects are people in debt, greatly lower goods purchasing, and views of how government should play a role in citizen’s lives.
Political conflicts of the government role in citizen’s lives raged throughout politics. Republicans believed government should not be involved in banks credit loan regulations. This allowed for unrestricted amounts of credit and loans to be made, allowing people to over use and consistently be in more debt. Thus promoting the