Part one of term paper
"The Great Depression of the 1930's was a worldwide phenomenon composed an infinite number of separate but related events." The Great Depression was a time of poverty and despair caused by many different events. Its hard to say what caused this worldwide depression because it's all based on opinion as opposed to factual data. There are m ...

Part two of term paper
... so high that when they reached what was believed to be it's all time high, most people sold their gaining stocks for a profit. So many people sold their stocks at a rapid rate that the corporations were unable to pay the shareholders. Speculation arouse months before the crash when Roger Babson made his speech at the annual National Business Conference which he said "..... Sooner or later a crash is coming which will take the leading stocks and cause a decline from 60 to 90 points in the Dow J ...