Monday - Wednesday - Sick
Thursday - Major gap between the rich and the poor. Companies by late 1920's weren't doing well.
Friday - Overproduction, people getting laid off. Uneven distribution of wealth. Businesses closed down making people lose jobs and banks closed making people lose their life savings. People weren't buying enough. Farmers depression was in the 1920's and then it hit everybody else in 1929/1930's. New Deal - Starting the process of making our gov't large. We used to be economically safe. The last 2 presidents added a lot of debt.Helped lead to dictators that helped led to WW!. Companies lost money, fired people.
Comments
Brief on the notes. There were a lot this week.