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HIST-405N Week 6 Discussion 1: The Great Depression GRADED A

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stocks HIST-405N Week 6 Discussion 1: The Great Depression What were the underlying causes of the depression? Why did the Great Depression of the 1930s seem so much worse than any occurring either before or since? Can you see any modern parallels to the Great Depression? Elaborate. Professor and class, The start of the problems originated in the 1920’s. With the decline in demand and overproduction of textiles and mining, this trend continued into the 1930’s. (Keene, Cornell, & Edward, 2013, p. 656) The downfall continued even with the automotive, construction and appliance industries and were having a difficult time even breaking even, let alone make a profit. With corporate profit rising 62 percent, the workers pay only rose eight percent in the same time. With foreign-made good still expensive due to high tariffs to protect American companies from the competition, the foreign countries took the same approach against imports from the United States. This slowed production but delayed the prices from lowering until layoffs were the only option because companies were not making profits. This made investors stop buy stocks and deepened the loss companies were experiencing. There were also problems with agriculture. During World War I, high demand, generous prices, and easy access to credit to be able to expand. With the end of the war, the demand fell, and farmers were left with large debts, large farms, and declining crop prices. (Keene, Cornell, & Edward, 2013, p. 657) These previous problems laid the foundation for economical downturn but did not predict a worldwide depression. (Keene, Cornell, & Edward, 2013, p. 657) The Stock Market Crash of 1929 sealed the deal for any comeback by the economy. This was a ten-day period that

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HIST 410N Week 2 Case Study 2: Versailles: The
Allies‘ Last Horrible Triumph’



This week, you will read the comments of the German Delegation to the Paris Peace Conference on the
conditions of the peace, which ended World War 1. Please click on the link below to view the article.
Many have argued that it was the way World War 1 ended which made World War 2 inevitable. Read
the document and answer the following questions:



1. According to the authors of Germany's complaint, how will various provisions of the treaty hurt
Germany's economy?

They had to pay the Allied nations too much money to survive after the war.

2. In Germany's view, how would the country have been treated differently if the principles they
attribute to President Wilson had been applied?

Wilson wanted every country involved to accept equal blame. If this had happened their might have
been more peace. This might have saved their economy

3. To what higher "fundamental laws" does the document appeal to in order to strengthen German
assertions?

The “fundamental law” is “the right of self-determination. To make it possible for all nations to put this
privilege into practice was intended.”

4. Do you agree with the authors of the document that Germany was being poorly treated? What
response to their complaints might defenders of the treaty have made?

I do not think there argument is enough to prove the point or not to have to pay for this war. I
understand that the terms were not laid out. However, there is no way to know the true ramification of
the cost involved until after the fall out. They might not like the control of waterways in the hands of
international bodies but they had be mismanaging them up to this point and could not be trusted. The
canals and railroad they were being asked to build in German territories were also at the discretion of
the foreign authorizes for this same reason.



http://college.cengage.com/history/primary_sources/world/conditions_of_peace.htm (Links to an
external site.)Links to an external site.

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