Monday, June 23, 2008

The Great Deppression toh shao wei (36) entry 2

The great depression was a spectacular, worldwide economic decline and had many big impact on varies countries.
The effects of the Great Depression was a sharp drop in government tax revenues, prices, profits, income and international trade. Unemployment grew and political problems developed in many countries.
The Beginning of the Great Depression is usually associated with the stock market crash on October 29, 1929, known as Black Tuesday. However, it began in some countries as early as 1928.
Many industrialized countries and those which exported raw materials were hurt,when during 1930 Alabama already contained about 207,000 cotton farms which must have a big impact on Alabama.

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