stock market crash Essay -- essays research papers

The Stock Market crash of 1929 has been looked at as the neat symbol of depression is our countries history. Although the Stock Market crashing had a huge military issue on the beginning of the Great first, there are still factors to depend when looking for a source to blame. Its hard to put indebtedness on the stock market for something so huge and disheartening. The Great clinical depression is seen as a slippery road downward, not a fulminant jolt into hopelessness.The Stock Market in the 1920s had consistently seen prices ascension over the last few years. By the fall of 1929 the prices of stock were in earnest overpriced and unaffordable. When stockholders saw the severity in the prices they all panicked and began to betray all the stock that they owned. This is what caused the Stock Market to crash. Other causes for the Great Depression are there just not obvious. The Tax system in the United States in this period was struggling. Income Tax on the middle break was way too high. The middle class would end up salaried the vast majority of the tax. Rich and well off people, seemed to find loopholes in the system to get around paying the taxes that they should. This led to the rich acquire richer and the poor got poorer. Unemployment rose to a high of 25%.Due to the privation of money in the middle class Americans pocket, there was a great problem with overproduction. The products were being made, but...