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Re: Clarification

Posted by sara on November 8, 2001 at 10:05:09:

In Reply to: Clarification posted by Cindy Chan on November 6, 2001 at 16:23:06:

After all of the influences that we talked about in class that led to the Great Depression, and once the crashes happened, I guess people were just too afraid to invest in anything. They were all just sitting on their money pretty much. So as nobody invested the recession continued.

: There's something I wanted to clarify in class today. Is it because that humans are creatures of habit that we invest in the stock market in which money is cheapened in which investment rise and savings drop? If this is true, then how do we correlate this phenomenon to why the Great Depression occurred?



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