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The Great Depression
Date Submitted: 01/07/2004 21:51:02
Length: 7 pages (1889 words)
Views: 130352
The beginning of the twenties started out slow with a brief recession but it didn't last long; by the early to mid twenties the economy started growing rapidly. By 1929, the Gross National Product (GNP) - the total value of goods and services produced had risen from $75 billion to $84 billion. Manufacturing output rose by 64% due to the manufacturing of the automobile, construction of new dwellings, and manufacturing of radios (Washburne, 1995). Life was good but would not …
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…S. will continue to be prosperous. References Washburne, C.K. (1995). America in the 20th Century, 438-498 Schultz, S.K. (2000). The Crash and the Great Depression. American History 102. Retrieved February 25th 2003 from the World Wide Web: http://us.history.wisc.edu/hist102/lectures/lecture18.html Dudley, W. (1994). The Great Depression, 14-17 No Author (1997). The 1929 Stock Market Crash. Retrieved February 25th, 2003 from the World Wide Web: http://www.arts.unimelb.edu.au/amu/ucr/student/1997/Yee/1929.htm
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