Thursday, January 7, 2016
The five causes of the great depression: How do they impact us today
Today in class we discussed some of the causes that might have led to the outbreak of the great depression. I was interested by what people think the causes are but also how America learned from it's mistakes. I think it is very important to acknowledge what caused one of America's worst economical drift and food shortage. It is important that we are of what caused it (Great depression) so that we make sure that the country does no repeat a similar mistake. I think this is a topic that we should discuss even more in class because it changed the countries economic strategies, and America's social rank forever.
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I think one of the main things to remember is the idea of the stock market crash. This crash essentially hurt a large population of the countries because either they personally invested in it or they had put money in the bank who had been investing in the stock market. Either way the stock market dying at such a rapid pace really affected the American population and put many people into deep trouble.
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