Why did the Great Depression begin, and what was done in the first few years to ameliorate its difficulties?
Answer:
An ideal answer will:
1. Discuss the reason why the value of stocks rose so precipitously during the 1920s and why this rise was inherently unstable.
2. Discuss the relationship between the federal government and the U.S. economy during the 1920s.
3. Examine the relationship between U.S. foreign relations and the Great Depression.
4. Describe the choices that President Hoover made to deal with the Depression and the results of his decisions.
5. Discuss the relationship between the different sectors of the economy throughout the 1920s, especially farming, the stock market, manufacturing, and banking.
6. Write a concise and effective conclusion.
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