Unformatted text preview: today, because of events of the past such as the Great Depression of the 1930s we have Federal laws which guard against such events that lead to the Depression such as the FDIC program which ensures that monies deposited into banks will not be lost which was the case in the 1930s. Historians and the like will differ in exact causes of the Great Depression however significant events such as the Stock Market Crash of 1929, Banking Institution Failures as well as the reduction of spending on behalf of American citizens undoubtedly led to the Great Depression. Reference Davidson, J., Gienapp, W., Heyrmna, C., Lytle, M. &amp; Stoff, M. (2006). Nation of nations: a Concise narrative of the American Republic (4 th ed.). Boston, MA: McGraw Hill....
View Full Document
- Spring '09
- Great Depression, Wall Street Crash of 1929, Great Depression William