(How did the economy cycle work during the great depression?)
I am writing an essay on the economy cycle during the Great Depression and was wondering these things:
*Explain how the economy works as a cycle.
*Describe how both a flourishing and a failing economy follows a cycle.
*What types of events could cause a break in a successful economy, causing an economy to fail?
Response would be greatlly apriciated, thanks!
March 4th, 2010 at 11:12 pm
the great depression was caused because the international credit structure was flawed, the distribution of wealth, and some other things.
the first sign was the collapse of the stock market.
Germany, Italy and France were still recovering from the war and could not afford to buy goods from America therefore hurting the economy.
World War 2, was the reason the Great Depression ended. Weapon industries started to boom.
March 4th, 2010 at 11:51 pm
it was interrupted by the great EVIL of socialism. . . look at the other copies of this question you have already posted