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.
Explain the causes of the Great Depression, its effects on the American people, and how the U.S. government tried to end the Depression. The Great Depression was a time of terrible economic hardship throughout the world. In the United States, over-speculation in the stock market led to a stock market crash in 1929.