lunes, 10 de noviembre de 2008

Causes of the Great Depression

They are 4 big causes of the great depression:
1-The overproduction: U.S.A produce a lot of textiles, cars, medicines and weapons. This products were useless after the First War World.
2-Stock Market: The shares of wall street have low prices.
3-Banking Crisis: All the people were taking out there money of the banks, the banks don't have the capacity to give the money to the people thats why they broke.
4-Unemployment: The unemployment waas of a 30%.

2 comentarios:

Felipe García Arias dijo...
Este comentario ha sido eliminado por el autor.
Felipe García Arias dijo...

The Great depresion. We need to learn about this historical moment in order to understand and get through the actual economical crisis.