The great depression from 1929 and into the 1930's, is the period in modern times with the largest unemployment, and the highest frequencies of bankruptcies. But can one from this say that "the Great Depression" was a breakdown of capitalism? Or was it simply an economic low-point that had to follow the prosperous 20's? In the 1920's everything seemed to be running smoothly over the whole world. People had a good time and business prospered. Lots of new inventions were introduced such as the first planes, the radio and many families got hold of a refrigerators. In the more wealthy families they even had washing machines and vacuum cleaners. As the 20's were coming to an end, over 20 million Americans had cars. During the 1920's there was a free market where all was manufactured from the play of supply and demand on the world marked. The whole production w....

Number Of Pages: 3

Number Of Words: 579

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