Great Depression Dimensions

1848 Words8 Pages
The Great Depression
Brady Eyler
Professor Farnsworth
U.S. Economic History

Table of Contents
The Great Depression 3
Dimensions of the Great Depression 3
Causes of the Great Depression 5
Stock crash 5
Monetary contraction 5
Banking crisis 6
The Role of the Financial Crisis 6
Route to Recovery 7
Conclusion 8
Works Cited 9

The Great Depression
The great depression is one of the most well-known economic events of the 20th century because the economy of the United States collapsed from 1929 to 1933. This was the longest economic depression in the history of the United States. Despite the positive outlook projected during Herbert Hoover’s campaign in 1928, a large portion of the population, and even many economists did not see the signs of the crumbling economy. Surprisingly, the great depression emerged along with the positive economic policies of President Hoover, and the promise to eliminate poverty from the United States. In overview, it is important to understand the dimensions of the great depression, what caused it, why the economic crises extended, and the contribution of the financial sector in progression of the economic catastrophes of this time in American history.
Dimensions of the Great Depression
From 1929 to 1933, the United States’ economy was at standstill arousing fear and anguish among many citizens.
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