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The Great Depression
Beginning of paper
Though most Americans are aware of of 1929, which may well
be "the most serious problem facing our free enterprise economic system,"(
) few know of the many Americans who lost their homes, life savings and
jobs. This paper briefly states the causes of the depression and summarizes the
vast problems Americans faced during the eleven ye .... Middle of paper
.... allow the farmers to purchase new machinery and because of this they
couldn't produce goods quick enough (Drewry and O'connor 559).
A new plan was created called the installment plan. This plan was established
because many Americans didn't have enough money to buy goods and services that
were needed or wanted. The installment plan stated that people could buy
products on credit and make monthly payments. The one major problem with this ....
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Number of words: 1685
Number of pages: 7 (approx. 250 words per double-spaced page)
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