Essay: #1 Overproduction And Its Weakness

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Term Paper Title	Essay: #1 Overproduction And Its Weakness
# of Words	809
# of Pages (250 words per page double spaced)	3.24

      Essay: #1   Overproduction and its Weakness
     There were many problems that occurred as soon as WWI ended.  Such as
overproduction.
     Overproduction was going on all through the war, and it did not stop as soon as
the war came to an end.  The reason overproduction came into effect in the first place,
was because america had to feed the soldiers and the allies, therefore, the goverment
constantly pushed farmers to grow more crops.
     When the war was over, instead of decreasing the crop amount, farmers grew the
same number of crops.  Not as many people were in America, therefore, less people
bought less amounts of food.  In order for people to buy more food, the goverment
believed that if the prices plummeted, the sales would increase, unfortunately, it did not
happen that way.
     Overproduction not only hurt the farmers, but it also hurt the rest of the economy.
Since the food was not selling well, the stores began to order less food from the farmers.
Since the farmers were not making quite as much money, they had to do either of the three
following things: A) Lay off workers
                   B) Reduce their pay
          C) Cut down on maintenance of machinery.
If any of those possibilities were done, then the workers would not have extra spending
money.  Therefore, they would not be able to go to the store and buy as much food as
necessary, therefore, the gradual domino effect continued.
     Overproduction not only hurt the manufaturers but it also greatly hurt the citizens
that lived in the USA.  Overproduction was also one of the leading “sparke” that set of the
Great Depression.
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                           Essay #2
                      The Stock Market Crash of 1929
     In the 1920’s many people relied on the stock market.  Many people wanted to get
rich fast, others just wanted to get some extra cash.  It was believed that the easiest way to
do so was to invest in the stock market.
     The stock market works in the following way: A person believes that a certain
company is doing very well, therefore, that person goes out and buys himself a share (a
portion) of the company.  In order for the person to own a share, he must have enough
money to buy it.  Unless, this person decides to buy on margin, which means loaning
money from the bank, when you earn the money back, you promise to repay the bank.
After the investor buys his portion, he begi...

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