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The Crash of 1929 and the Depression that Followed: Was it Avoidable?

Date Submitted: 09/09/2006 23:14:56
Length: 6 pages (1724 words)
Views: 26591

"No one can possibly have lived through the Great Depression without being scared by it. No amount of experience can convince someone who has lived through it that the world is economically safe." - Isaac Asimov The Great Stock Market Crash of 1929 and the Depression that followed is perhaps one of the most memorable and unforgettable events in the 19th century. The economy began to pick up after World War I. The nation was looking …

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…renowned events of the twentieth century. Lasting over ten years, the Great Depression devastated a great nation. Obviously, the Great Depression was a tragic event for the people who had to live through it, but it will always be a colossal event, forever remembered. Hopefully, future generations will look back on the Great Depression and will not only realize, but also learn from these in order to prevent such a grave event from ever reoccurring.

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