|
The below is a sample preview of the full essay that is available in our database. To see
the full paper, just register for a free account. You get
access to thousands of example term papers in our super free essay database without paying
a cent.
|
Beginning of Paper
Causes of the Great Depression
The Great Depression was the worst economic slump ever in U.S. history, and one that spread to virtually the entire industrialized world. The depression began in late 1929 and lasted for about a decade. Many factors played a role in bringing about the depression; howe ....
|
|
Middle of Paper
.... industry mogul Henry Ford provides a striking example of the unequal distribution of wealth between the rich and the middle-class. Henry Ford reported a personal income of $14 million in the same year that the average personal income was $750. By present day standards, where the average yearly income in the U.S. is around $18,500(end note 6), Mr. Ford would be earning over $345 million a year! This maldistribution of income between the rich and the middle class grew throughout the 1920's. While the disposable income per capita rose 9% from 1920 to 1929, those with inc ....
|
|
|