The Great Depression was one of the world’s most acute economic depressions in history. Historian and Economists have discussed the great depression for almost a century, wondering how it happened, why it happened, and how it could have been averted. Some people blame on other countries, credit usage, the US Federal Reserve, and the ties of money with gold. There are many perspectives of the great depression from many historians and economists, therefore, a solid conclusion and answer is difficult to find. However, it has been agreed that as a result of an artificial boom, easy acquisition of bank credit, and the lack of movement of currency caused the economic disruption. In the mid 20’s, people noticed the potential of growth of wealth
