The Great Depression was a cataclysmic event that not only devastated the economy of the United States but also affected the rest of the developed world. There were three underlying causes of the depression. The inherent weakness of the American economy‚ the weakness of the European economy as it tried to rebuild from WWI and the stock market crash of 1929. Had these events happen individually‚ the great depression probably would not have been so severe. The overall lessons that should be taken
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The Peloponnesian War lasted from roughly from 431 BC to 404 BC. The two major players in the war were Athens and Sparta. Athens was a democratic state with a strong naval-based military. Sparta was on the other hand an oligarchical state with a disciplined land army. After the Persian Wars‚ Athens became more powerful‚ and the fear of Athenian dominance would spark the Peloponnesian Wars. However this thirst for power along with poor leadership would be the downfall of Athens. Sparta was the dominant
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history of terrible economic circumstances. The Stock Market Crash of March‚ 1929‚ was the start of the terrifying Depression. Investors traded 16 million dollars in shares on the New York stock exchange in a single day. Billions were lost which is what wiped out thousands of investors. Even after the March crash‚ nobody attempted to try to prevent further crashes of the stock market. That leads to the next stock market crashing in October of
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fought from 1861 to 1865 between the northern and southern American states over slavery. One event in history‚ the Civil War‚ should not have occurred due to the deaths‚ assassination of Abraham Lincoln‚ Jim Crow laws‚ and reconstruction. The Civil War caused a significant amount of deaths. Because of diseases‚ battle wounds and poor quality prisons‚ “The Civil War was the deadliest war in the history of the United States.”6 The civil war produced the largest amount of deaths in an American war‚ there
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During the 1920’s‚ the great depression hit and so made a very uneven distribution of wealth‚ the top 1 percent of all americans had the riches of the bottom 42 percent of all americans. The uneven distribution caused factories to higher their prices‚ lower the employee’s pay to try stay afloat but didn’t succeed. It wasn’t only factories though‚ mining‚ farming and textiles failed as well all leading up to the shutting down of thousands of banks. During the period that lead to the great depression
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are many things Bush did that fall into this image. One being he wanted to finish his father’s business. His father started the Gulf War‚ a war fought in Iraq and a dissatisfactory one at that. Some believe that Bush went to war to either complete what his dad started or even one up him. “Bush’s need to surpass [his] father…against Saddam Hussein was one of the motives behind US invasion of Iraq.” (Azriel‚ n.d.) It is even said that he held resentment towards Saddam Hussein for nearly killing his
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transformed. The Fluorescent Republic’s military budget alone was 13 Billion watt dollars per year! Over 71‚000 support personal were employed during the war. The lines were said to cover 2.6 miles long throughout the fighting. No bulb truly knew what caused the Lightbulb war‚ though many credited it to a Fluorescent
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started‚ yet is a factor in how it was caused. The idea of slavery fueled political and social relations between the North and South during the 1850s. Acts‚ such as the Fugitive Slave Act‚ hampered the sentiment towards the South‚ while the antislavery and abolition movement coalesced Southern opinion against the North. However‚ the feud between the North and South in attempts to gain power over the other‚ and the South’s eventual loss‚ is what primarily caused the Civil War. The political struggles
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WHY DID THE GREATEST DEPRESSION LAST FOR SO LONG AND WHAT CONTRIBUTED TO ITS END. The term “Great Depression” is made reference to the substantial‚ long lasting and the great terrible Global downfall of the economy or the period when the world faced a disturbing financial depression in the 21st century (1930s). Speaking of this gloominess‚ the date it occurred in most states is diverse but in most countries it started in 1929 and came to an end during the 1930s. This great depression is the
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keep out as much dirt as possible. Farmers watched helplessly as their crops blew away. Families‚ tribes‚ dusted out‚ tractored out‚ homeless‚ and hungry. Modern American Poetry explains “Poor agricultural practices and years of sustained drought caused the Dust Bowl. Plains grasslands had been deeply plowed and planted to wheat. During the years when there was adequate rainfall‚ the land produced bountiful crops. But as the droughts of the early 1930s deepened‚ the farmers kept plowing and planting
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