The rapid growth of industry in the United States resulted i…
The rapid growth of industry in the United States resulted in a series of events that led to the Great Depression. Because of the success of industry, much of the country’s wealth ended up in the hands of a few. As a result, the average American did not have enough money to buy all the products that were being manufactured. The lack of consumers caused companies to produce less. Needing fewer workers, they let old employees go and were unable to hire new ones. Workers therefore had less and less money, causing industry to collapse even more. As industries shut their plants and workers lost their jobs, banks across the country failed. In 1930, the firstfull year of the depression, 1,300 banks closed their doors. During the next two years, another 3,700 closed. The main organizational pattern of the paragraph is: