In a two paragraph essay, you will identify and discuss the causes and resolutions to the great depression.

1 answer:

4 0

The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers. By 1933, when the Great Depression reached its lowest point, some 15 million Americans were unemployed and nearly half the country’s banks had failed.

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What was the first example of a budget priced home suburb

melamori03 [73]

The first example of a suburb with budget priced homes was the New York suburb of <u>Levittown</u>.

<h3>What was Levittown?</h3>

It was the first suburb that used mass housing design.
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Levittown provided a blueprint at the time for what a budget price home should look like and the accompanying suburb it should be in. This led to the birth of such environment and the increase in affordable housing in the U.S.

In conclusion, the answer is Levittown.

Find out more about Levittown at brainly.com/question/2088232.

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