The Great slump lasted from 1929 until 1940 and was the longest and worst economic render in American history. The downward spiral spread passim the country like an epidemic or airborne virus. Our solid ground witnessed a decline in sales and goods along with the plummeting mesh rate. more or less thirteen million people were unemployed by 1932. United States citizens lost practically everything they owned. Three causes that led up the Great Depression were self-centered and foolish attitudes of Americans, the economic effect of culture and the uneven income and wealth distribution.
During the 1920s, American farmers who represented unity fourth of America, were in an economic depression. The decline of agriculture in Europe influenced Americans to step up grow more grain. Almost every commodity fell in price callable to over production leading the agriculture into terrible time so awful that the loss of real income in agriculture was broadly as acute as in industry.(Garraty, privy 53) The income rate for farmers before and during the Great Depression was just as low as the industries. The United States was a major unpolished nation, and its farmers were not prospering.(Garraty, John 53) When one fourth of the nation does not prosper, only negatives things can come of it, as did the Great Depression in 1929.
The nation was oversupplied with gasoline and other similar products. there was no demand for any other crops for fuel. Farmers could not queue up a way to thrive. This led to dropping profits for their goods, which subsequently led to no profit for their agriculture. Due to this over-production, the large farming percentage of the nation started to weigh down the rest of the rescue making it a cause of the Great Depression. What the farmers did not bulge out to experience was the spending rush and greed that...
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