Depression and the New Deal

Economists still do not agree about what caused the Great Depression, but it appears to be the result of several factors: bank policies, political decisions, historical factors, international concerns, excessive stock speculation, and a decade of prolonged fear for the American people. It was easy to get credit from banks in the 1920's as the economy was booming. There were numerous banks and many of them used depositors' funds to purchase stocks in the Stock …showed first 75 words of 1925 total…

…showed last 75 words of 1925 total…lack Tuesday-1929-Worst Day in Stock Market History. Retrieved on March 20, 2006, from http://mutualfunds.about.com/cs/1929marketcrash/a/black_tuesday.htm Laissez Faire. Retrieved on March 20, 2006, from http://www.bartleby.com/65/la/laissezf.html The Depression in the United States - An Overview. Retrieved on March 20, 2006, from http://www.english.uiuc.edu/maps/depression/overview.htm The 70th anniversary of FDR's fireside chats. Retrieved on March 20, 2006, from http://www.museum.tv/exhibitionssection.php?page=79