Great Depression

Great Depression

Great Depression: A Detailed Overview

The Great Depression was one of the most significant events of the 20th century. It was a time of incredible economic hardship that has left a lasting legacy on the world.

Welfare State: A Detailed Summary

The welfare state includes principles from both sides of the economic spectrum, and is based on both capitalism and socialism. This article details the history, principles, positives and negatives of the welfare state.

Herbert Hoover

Herbert Hoover: A Detailed Biography

Herbert Hoover, the 31st President of the United States, served from 1929 to 1933 which was a period marked by the early years of the Great Depression.

Causes of the Great Depression

Causes of the Great Depression: A Detailed Summary

Historians have identified several different causes of the Great Depression, including: the stock market crash of 1929, the purchasing of stocks on margin, the wide income gap between the wealthy and the poor, the loss of consumer spending, the failure of banks to deal with the crisis, protectionism and the weather conditions of the American Midwest.