Buy custom Causes Of The Great Depression
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Miscellaneous
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Number of pages / Number of words: |
11 / 3018 |
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However, one should be reminded that Ford was not the only man in America making this amount of money, there were many people just like Ford around the Nation. Comparing the 1920's to today, one could say that such businessmen are like the Internet CEO's today. With such a growing gap in the income of the people, it was without surprise that such a catastrophic event could occur...
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The President at the time, Calvin Coolidge, and the conservative Congress favored business; additionally, they supported the wealthy individuals who controlled the business. One great example of the federal government helping the wealthy of the nation came in the Revenue Act of 1926. This acted decreased the amount taxed on a person's annual salary...
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General points of the essay
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Henry T. Ford
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