What economic factors and conditions converged in the late 1920s to plunge the United States into the Great Depression?© BrainMass Inc. brainmass.com October 17, 2018, 11:04 am ad1c9bdddf
Although the United States' economy had expanded rapidly in the 1920s and seemed prosperous, its growth and prosperity rested on many unstable conditions.
1. Farmers had acquired too much debt expanding after World War I and were producing more crops than they could sell domestically or internationally. They ...
Economic conditions and effect on person's life
Could you please get me started on the following question?
Historical events like the Great Depression, World Wars, and pandemics have had a marked impact on an individual's life course. How do you expect the current world wide economic downturn to impact those living in this era?