Throughout the 1920s, U. S. banks had failed--an average of 600 per year--as had thousands of other business firms. By 1928 the construction boom was over. The spectacular rise in prices on the Stock Market from 1924 to 1929 shared little relation to actual economic conditions. In fact, the boom in the stock market and in real estate, along with the expansion in credit (created, in part, by low-paid workers buying on credit) and high profits for a few industries, concealed basic problems. Thus the U. S. stock market crash that occurred in October 1929, with huge losses, was not the actual cause of the Great Depression, although the crash began the most traumatic economic period of modern times. By 1930, the depression was most apparent, but few people expected it to continue. Previous financial panics and depressions had reversed in a year or two and thus most people thought that this was just part of the ups and downs of the...
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Great Essays in Science, 2nd edition by Martin Gardner (Ed.)
A Great Expectations essay can take the form of a literary , a or a book report with the subject matter being that famous novel by Charles Dickens. If you were to try to analyze the merits of the novel, you would necessarily have to have a grasp of the basic elements of a novel and the proper treatment of such elements for creating a masterfully written novel. A narrative essay would be easier to negotiate through because a narrative essay is simply a narrative of the novel interspersed with the writers own opinions. The book report, the simplest of all, would merely summarize the novel.
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