The Great Depression

The Great Depression

The 1920's were viewed as the “golden era” for Americans. The stock market was at its peak and for many the “stock market came to represent the American economy, and the economy was booming.” Looking from a distance the American economy looked great but put that same economy under a microscope and you will see a whole new world. A world that showed a economy that was headed for destruction.
There were many events that led to America’s Great Depression and unfortunately there was nothing that we could do but ride it out. It all got started at the end of World War I with the signing of the Treaty of Versailles which forced Germany to pay great retribution for starting the war. This caused the German economy to collapse and with high tariffs in place the international trade scene dropped significantly. And when American investment dropped in 1928 and 1929, European economies also took a down turn. America began to purchase less and less...