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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 .... Middle of paper .... profit wouldn't 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 prob ....
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Number of words: 1686 Number of pages: 7 (approx. 250 words per double-spaced page)
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