unemployment was at an all-time high‚ with states averaging 20 percent. Some states had very high unemployment‚ such as Ohio with a 50 percent unemployment rate and Toledo with an 80 percent unemployment rate. The Great Depression was said to have been caused by many factors‚ including maldistribution of purchasing power‚ credit structure‚ international trade‚ and lack if diversification (Unfinished Nation‚ pg.
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Some say that because of fear people quit putting money in the markets. Some say the depression caused a third of banks to disappear. They think if they had gave funding after the big banks failed others wouldn’t have followed. The Great depression had huge effects on everyone. Rich‚ poor‚ housewives‚ gardener’s business etc. Even births dropped during
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Essay “What caused the Great Depression?” It was not just one specific factor that caused the Great Depression‚ there were many factors causing the economy to collapse. It is yet still unknown the main cause of the great depression‚ it is a question that will remain standing. Although most think the main cause was the 1929 crash of the stock market‚ still none agreed upon that. The 1929 crash of the stock market was not “the” cause of the great depression; however it was “one” of the causes
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What Caused the Vietnam War? The Vietnam War was caused by many factors that contributed to the warfare in Vietnam during the years of 1959 to 1975. Most factors were the beliefs held by people who wanted to change or to prevent Vietnam becoming an Independent Country. Many people suffered due to these beliefs and policies and that the Vietnam War is now considered as one of the most distressing moments in the 20th Century. So why did the US become involved in the Vietnam War? What was Ho Chi Minh
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revolutionary wars‚ the fall of the French Monarchy‚ the unmanageable national debt‚ and the scarcity of food in the years immediately before the revolution. In the years leading up to the French revolution France was stricken with financial problems caused by the wars of King Louis XIV and the wars that he fought in the 18th century. The reason for the extreme amount of debt was the tax system of France was because France was a society
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distances of 400 kilometers from the epicenter. It produced record-breaking ground acceleration‚ which left sixty people dead‚ 7‚000 injured‚ 20‚000 homeless‚ and over 40‚000 buildings damaged in Los Angles and surrounding counties. The Earthquake caused the collapse of overpasses along the Santa Monica‚ Antelope Valley‚ Simi Valley‚ as well as the Golden State Freeway. In addition‚ numerous fires broke out due to gas line ruptures causing further damage to the
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What Caused the Civil War? In April 1861‚ the United States of America went to war. They did not go to war with a foreign power‚ because of a border dispute‚ and they did not go to war with the native people because of their hunger for more land. No‚ this would be a war among themselves‚ north against south‚ brother against brother‚ and in some instances even father against son. In the four long and bloody years that this war lasted more than 600‚000 of these brothers‚ fathers‚ and sons would
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and Glory. Mercantilism was also an effect of this‚ which is buying more then you sell. The growth of trade markets completely changed the world. Also‚ voyages launched large-scale contact between Europe and the Americas. The overseas expansion also caused inflamed national rivalries in Europe causing conflict. In 1494 the Treaty of Tordesillas was signed (Spain vs. Portugal) dividing the newly discovered lands outside Europe between Portugal and Spain‚ hopefully putting an end to future fueds. Interactions
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offer made by France. It is evident that France and the Napoleonic War had played an important role in the relationship between America and Britain. Another factor that is clearly highlighted is the anger caused by the violation of the human rights. The fear of losing the Napoleonic War had caused Britain to act out and introduce laws based on that fear.
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The Great Depression is considered to be the most severe economic collapse in the history of the world. The Great Depression occurred in October 1929 and lasted until 1939. In October 1929‚ Wall Street’s investors were wiped out‚ which caused consumer spending and investment to decline. The next effect to the crash on Wall Street was the decline in industrial output and employment as failing companies laid off workers. The Great Depression reached its lowest when there were about 15 million Americans
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