Tuesday, May 27, 2014

The Great Depression

When business was booming,many people had faith in America companie.When a company makes money,the price of its stock increases.Many people had borrowed money to buy stocks.Now their stocks were worth less than they paid for them.They could not do business unless the loans were repaid.A depression is a period during which business slows down and prices fall.

1 comment:

  1. I like your post because you are telling the people what happend during The Great Depression.

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