Monday, October 17, 2011

ORIGINS OF THE DEPRESSION

1. U.S. Business Fundamentally Flawed
a. Overproduction/underconsumption
b.Stock market speculation

c. Run on the Banks

2. Farm Depression
The Dust Bowl

3. Worldwide depression

4. Bad Policy:
Hawley-Smoot Tariff
Presidential Organization for
Unemployment Relief (POUR)

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