The Stock Market Crash and the Great Depression
Abstract
At the beginning of the 20th century, the United States experienced the Great Depression. In this paper, we will analyze the stock market crash to deduce the cause of the Great Depression. Through the analysis of Gini coefficient and Dow Jones Index, this paper argues that the error of fiscal policy, the widening gap between the rich and the poor, and the ineffective government management of the financial market are the main causes of the Great Depression in the United States
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DOI: http://dx.doi.org/10.18686/fm.v7i4.6454
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