Essay about what would happen if we had another great depression
There are many contributing factors but not one specific event can be pin pointed for starting the depression. It is believed that some events contribute more than others-such as the Stock Market Crash of The Stock Market Crash of was in the majorities opinion, a long and overdue crash that was bound to happen. So many people sold their stocks at a rapid rate that the corporations were unable to pay the shareholders.
An Analysis of the Causes of the Great Depression: [Essay Example], words GradesFixer
Gross domestic product saw its first fall since the recession of by a massive 3. With an economic downturn of that scale, your life would change dramatically. One out of every four people you know would lose their job. Economic output would plummet. International trade would shrink drastically. Some consumers fear another recession, or worse. Most experts, however, foresee a less drastic outcome.