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The Cause Of The Great Depression
Beginning of paper
The enormous amount of unsecured consumer debt created by this speculation left the stock market essentially off-balance. Many investors, caught up in the race to make a killing, invested their life savings, mortgaged their homes, and cashed in safer investments such as treasury bonds and bank accounts. As the prices continued to rise, .... Middle of paper
.... were financially ruined. By the end of the year, stock values had dropped by fifteen billion dollars.
....
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Number of words: 209
Number of pages: 1 (approx. 250 words per double-spaced page)
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