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Essay text:
The disparity in the distribution of wealth in the 1920's existed on
many levels. Money was distributed unequally between the rich and the middle-class,
between industry and agriculture within the United States, and between the U.S. and
Europe. This imbalance of wealth created an unstable economy. The excessive
speculation in the late 1920's kept the stock market artificially high, and eventually lead to
huge market crashes. These market crashes, combined with the maldistribution of wealth,
caused the American economy to capsize. Lives and livelihoods of the lower economic
groups were devastated...
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