Great Depression in the United States government dealt with economic downturns, such as the use of stimulus packages, Keynesian economics, and Social Security. It also shaped modern American literature, resulting in famous novels such as John Steinbeck's "The Grapes of Wrath" and "Of Mice and Men". Examining the causes of the Great Depression raises multiple issues: what factors set off the first downturn in 1929; what structural weaknesses and specific events turned it into a major depression; how the downturn spread from country to country; and why the economic recovery was so prolonged. Many banks began to fail in October 1930 when farmers defaulted on loans.
The Reputable Family to take care of needy people, rather than pursuing high government posts for family reputation or individual glory. On the eve of his death, Choi Guk-seon ordered his son to bring all due bills specifying debts to be collected. He decided to return real estate-related documents to their original owners and burn IOUs for money. As Choi's last wish became generally known, people lined up in front of his house hoping to be tenant farmers on Choi's land. The farmers were eager to work, resulting in high productivity. Of 3,000 "seok" of rice the Choi family produced each year, the