Jul 14 2011 09:38 am
Posted by HuiLing Liang under July 5 Assignment
Great Depression
The great depression, which was to affect the rest of the world, began with the Stock Market Crash of 1929. The depression was both the time of unemployment and poverty, and a period of increased government involvement in Economy. At the height of Depression Chicago had half a million unemployed, and in new york the jobless figure topped a million. With so many taxpayers lost their jobs, the American cities lost a major source of income.