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Great Depression in America

The Great Depression is probably one of the most concerning events in American history. It is also proof that capitalism was not a perfect type of government, as everyone believed. The American depression started in a different way than it did in Germany. The Treaty of Versailles was the main event that forced them into depression while a stock market crash was the main event which forced America. Everyone was putting their money into the stock market. People had a large margin to buy stocks with and their credit was up and up. Unfortunately, the only way to from the top, was down. In this case, very down with the stock market crash of October 24, 1929. This infamous day was to be remembered as "Black Thursday".

Herbert Hoover has been accused of being a do-nothing president who allowed the country to continue to slide into its worst depression ever. Although Hoover actually did take some action, but that it was too little, too late. Hoover did intervene af

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Approximate Word count = 674
Approximate Pages = 3 (250 words per page double spaced)

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