The prices of several products has changed drastically since the 1930’s to now. A gallon of gas only cost 10 cents. A dozen eggs only cost 18 cents. It is very apparent that prices have changed, but why? Do you ever wonder why prices have changed so significantly since the 30’s? The main factor of these changes is due to Annual Inflation Rates, and the Great Depression. Prices began to steadily drop during The Great Depression. “By 1932 stocks were worth only about 20 percent of their value in the summer of 1929” (“Stock Market Crash of 1929”). Unemployment had affected about 30% of the workforce. The Stock Market crash was one of the events leading up to this devastating economic downfall. “The demand for many goods went down because many
