News — depression
What Caused the Great Depression?
In the recent times that I define as the Great Recession, Americas volatile economy has put its citizens through a roller coaster series of situations and events which has left many of us financially crippled and burdened. With a major depression already on the books (the Great Depression) and a recession that does not seem to be improving so much, I feel that in order to avoid another depression we must first take a look at what caused it in the first place. One of the major causes of the Great Depression was the stock market crash on October 29,...