2009年10月27日 星期二

Chapter 32.2: Main Point Highlights

The main points of Chapter 32.2 are that after 1929, unemployment affected every side of society. This meant that no matter which status of society, the economy corruption made everyone divested. Men were not able to feed their families and everyone was living with an income that supports nothing more than living or, in other word, staying alive. This sham made the suicide rate increased. Furthermore, people did not have enough money to purchase. This means that things are becoming less valuable because products had to decrease their value so that people could consume. People also borrowed more money to want to increase their income. Nevertheless, this created a negative affect for the economy. The economy just kept dropping when people with loans could not pay back their loans. In conclusion, the economy had no chance to recover because it was in a cycle of debts. And I’m running out of time, its 9:48! I havnt double check!

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