The United States went through a period of severe economic decline during the 1930s, a period commonly called the Great Depression. The exact cause for this Depression, especially after a period of prosperity such as the 1920s, is warmly debated among economists. Such a severe economic collapse had never occurred before. There are many possible explanations.
© 1988 by the Board of Student Publications, University of Northern Iowa
Amdahl, Kimberly S.
"The Great Depression: Financial Crisis and Reform,"
Draftings In: Vol. 3:
3, Article 4.
Available at: https://scholarworks.uni.edu/draftings/vol3/iss3/4