Essay on The Great Depression And Adolf Hitler

1000 Words Dec 2nd, 2014 4 Pages
The Great Depression and Adolf Hitler The great depression was a worldwide crisis. When it began and when it ended varied from country to country. Most people think that the great depression occurred just because of the stock market crash. There are many roles that played into the great depression; overproduction, uneven incomes, weak banking system, Hoover’s failures, and the gold standard. Overproduction did not just mean in the factories, it also meant in the agriculture part of the economy too. As the farmers were expanding their production to aid the soldiers in World War I, they also improved their farming techniques to include machines. This was a very costly improvement and put most farmers into debt. Adding on to increased farming techniques, the land prices dropped 40 percent. According to Trueman, Chris in “Causes of the Great Depression,” “Thus, as demand dropped with increasing supply, the price of the products fell, in turn leaving the over-expanded farmers short-changed and farms often foreclosed.” (2) The agricultural system was failing throughout the 20s. In the industry aspect of life, America’s economy was booming while Europe was engulfed in an economic crisis. Therefore, America could not export its goods across the Atlantic, leaving it with a huge surplus. The gap between the rich and the poor was very transparent. “Industrial production rose by 50 percent, but only the top one percent of workers saw their income rise by 75 percent” “Causes of the…

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