The first thing you need is obviously a replacement water heater element, and also a socket to fit. The most common size is 1 1/2â³, and a couple of screwdrivers and nut drivers depending on exactly what you need on your water heater to expose the element.
Essentially, the Great Depression, in their view, was caused by the fall of the money supply. The result was what Friedman calls the Great Contraction â a period of falling income, prices, and employment caused by the choking effects of a restricted money supply.
Factors that contributed to the Great Depression include the stock market crash, the over-investment in stocks by the public, the weakness of the agricultural sector, the lack of farmers' and workers' purchasing power, and the ineffective policies of the Hoover administration.he underlying causes of the Great Depression included the 1929  stock market crash, the failure of large banks, and the lack of  purchasing. Also, drought conditions affect â¦ ed farming and helped to  cause the Depression.