Comparing The Great Depression Is The Most Worldwide Depression Of The Entire Twentieth Century

1359 Words Dec 3rd, 2015 6 Pages
Monmouth University

Comparing the Great Depression

Vin Signorile
HS 102-01
Fall 2015
Professor Manzo
December 4, 2015 Signorile 1 The Great Depression is known to be the most worldwide depression of the entire twentieth century. It is well known and still studied today in history. The Great Depression was cause when the stock market crashed in the late 1920s. Before the Great Depression everything appeared to be going well and poverty was at a high in the twenties in which was referred to the roaring twenties. The Great Depression started on October 29, 1929, which is the day the stock market collapsed. This day is referred to as Black Tuesday. To the horrors of many people, this Depression lasted a full decade shocking everyone on how a once stabile economy can go from prosperity to nothing overnight. People have attributed the Great Depression as one of the causes of World War II. There are many different perspectives on the Great Depression. Robert J. Samuelson, who is a longtime columnist for The Washington Post, writes on business and economic issues. He wrote an article called, Revisiting The Great Depression. He ultimately believed that World War II was attributed to the Great Depression. “It arguably led to World War II, because without the Depression. Adolf Hitler might never have come to power. It discredited unfettered capitalism-which was blamed for the collapse- and inspired the expansion of government as the essential overseer of…

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