What caused the Great Depression The Stock Market Crash reflected an economic weakness that proved to be fatal : over confidence in the stock market . Americans found the stock market an avenue for productive investment because of the rapid growth in the stock market . In the belief that the value of stocks will continue to rise ‚ and they can earn a profit from it ‚ even the less fortunate gambled on the stock market . Investors paid only a small part of the price and borrowed the rest ‚ gambling
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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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The question of what caused the great recession of 2007-2008 is on that is not easily answered. As with the great Depression of the twentieth century we can look back retrospectively and at some potential causes but the exact factors remain debated. When speaking of the great depression Ben Bernanke famously said‚ “To understand the Great Depression is the Holy Grail of macroeconomics.”(Bernanke‚ 2000) The same can easily be said of the great recession. For this discussion I will isolate the
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studied throughout the duration of this course‚ which one do believe to be the most important to teach someone else about the American History‚ that would be The American Revolution. The American Revolution is one of the most important events from 1775-83 and known as the American Revolutionary War and the U.S. War of Independence. There are many reasons to say The American Revolution as the important historical events of the United States. This is the events in which America got their independence from
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The French and American Revolutions Although the American and French Revolutions were similar in many ways‚ the American Revolution still managed to experience greater success. The American Revolution started in 1776 and was fought by the American colonies and the British. The British heavily taxed the colonies‚ which made the colonists upset. This resulted in a war between the two‚ which the colonists ultimately won. The French Revolution started in 1789 and was a series of riots consisting of
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The American Revolution was one of the most important events in American history. If there was not an American revolution‚ there would be no United States of America. Without a doubt‚ the American Revolution shaped America and still has a lasting effect on us today: the way we live our lives‚ the freedoms we’ve gained‚ the holidays we celebrate. When celebrating the fourth of July and the American Revolution‚ people tend to lean towards the richer‚ more popular revolutionists when giving credit to
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THE REASON WHY THE COLONISTS WERE RIGHT: The American Revolution was the major conflict that will forever change millions of people all around the world. The American Revolution was the major conflict because the Colonists were angry‚ they had no self government which made the taxes go up and the British made their own laws that the Colonists had to follow‚ and thought they were paying the government with no representation at all because they did not have a government to control all of the bad things
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The American Revolution began in 1775 when conflicts began between the colonial government and North American Colonies. The war continued on until 1783. Between these years many people and groups of people‚ such as African Americans‚ women‚ and Native Americans‚ were affected. Each group of people had different effects caused by the war‚ but all had to deal with some kind of change in their lifestyle. When the American revolution began African Americans saw it as an opportunity to gain their own
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The Seeds of Independence Revolutions are like plants. If the seeds are planted and nurtured‚ the plants will grow. Yet‚ if the plants aren’t taken care of‚ they won’t survive. The seeds of independence that grew into the American Revolution were: the early settlers of America learned how to survive on their own‚ they learned how to thrive and become wealthy‚ and then learned that Britain was taking advantage of them. A comparison of the aspects of the American Revolution‚ which allowed America to
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By 1775 the American people were getting fed up with the British continuing to raise and impose taxes on the colonists. As tensions grew‚ the two sides started to engage in real warfare. Once the fighting ceased and the Americans had gained independence‚ citizens would question how revolutionary the war actually was. The American Revolution was in fact revolutionary because the battles and treaties between the two nations led to the American people getting their independence as well as inspiring
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