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It is the excessive use of credit. The shares trading system crash of 1929 touched off a chain of occasions that dove the United States into its longest, most profound monetary emergency in its history. It is awfully shortsighted to see money markets crash as the single reason for the Great Depression. A solid economy can recuperate from such a compression.
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There is a reading for this assesment?
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The Missouri Plan (originally the Missouri Nonpartisan Court Plan, also known as the merit plan, or some variation) is a method for the selection of judges. It originated in Missouri in 1940 and has been adopted by many states of the United States. Similar methods are used in some other countries.
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