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Did the prosperity of the 20's lead to the depression

Date Submitted: 02/19/2004 02:06:15
Category: / History
Length: 2 pages (475 words)
Views: 81654

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…wealth formation: tax cuts for the rich people allowed them to keep most of the money they made, while providing little or none for social services for the poor or the farmers. This is why I think that the prosperity of the 1920s did inevitably lead to the great Depression, because it was a false prosperity, and actually most people were not a prosperous as they thought. They had the possessions, but not the wealth.

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