Causes Of The Great Depression

The Great Depression was an economic collapse that began in 1929 and ended in 1938. During the Depression most citizens went through hardship .Three main causes of the Great Depression were the stock market crash of 1929, the Dust Bowl, and Bank failures.

There are some main causes The great depression, first in 1934 per week They made $ 4.80 per week and They paid $ 3 by The incomes of Their Homes, all that happened to Birmingham Alabama in 1934, in Chicago everything rises for The men and The women for the food , And then spent $ 1.10 that was spent on food in stores, The three cases are The three cases were The financial downfall, low wages, and unemployment.

There were many causes of the worst economic state in American history, but two stand out to me as being the biggest causes of the Great Depression. The two causes I chose are buying on margin, and banks failing due to businesses and people not being able to repay their loans. These two causes go hand in hand because one issue ultimately led to another.

The Great Depression is a period in American history were economic growth was halted and even began taking a turn for the worst. Most people relate the stock market crash of 1929 as the main cause of the great Depression. This expose will enlighten you on all of the reason of the Great Depression.

Life in 1929 was normal until October 29th. The next ten years would shape America’s history. President Roosevelt became president during the beginning of the Great Depression and he had plans and ideas, including the New Idea, that was used to pull America out of the Depression when inflation went up overnight, causing people to not be able to afford anything. Racial discrimination also increased among the communities. They were treated as liars and thieves, all seen the same. The people demanded their money from the banks, which caused the banks to crash consequently caused because, people did not trust the banks enough to put their money in the bank during the Great Depression. Depression went up, suicides went up, families

In the 1930’s the great depression started when the stock market stopped a lot of people soon became in debt and also jobless, later the dust bowl caused a lot of people from the midwest and migrate to california to find jobs.The Dust bowl destroyed all the crops in the midwest and also took all the great soil out of land, and killing the animals because of the dust in the air, making the land in the midwest look like a desert. Farmers were devastated so the farmers who had no land and no crops had to migrate to California to find jobs to get money for their families to live.

America's "Great Depression" began with the shocking crash of the stock market on "Black Thursday", October 24, 1929 when 15 million shares of stock were quickly sold by panicking investors who had lost faith

There is a huge debate about how the Great Depression was caused. Some people believe it was the government, and others believe it was the stock market crashes. After reviewing so documents, facts have come to shown that credit brought the people of America into the Great Depression. Credit was a big thing back in the 1920’s or the Roaring 20’s. Men and women discovered that they were able to buy things that they wanted without having to pay for it all in one time. They became careless with the amount of money they were spending. The 1930’s Great Depression, was caused by people’s credit which they weren’t able to pay back, leading to the bank failures all around America.

One of the biggest reasons for the Great Depression is the market crashes. All people were affected by the Great depression. Many people were without jobs within a couple of weeks. The worst market crashes happened on Black Tuesday and Black Friday. Many if not all lost money. Those days are a big part of the Beginning of the Great depression.

The Great Depression in the U.S. was caused by many things, such as the Wall Street Crash of 1929. Many historians argue that the Stock market was just another cause of the Great Depression but one of the biggest causes was the Stock Market Crash of 1929. The value of stocks were deflating, which and stock investors were making it worst. Investors reacted by trying to reclaim the money they lost, sending the economy into a downfall. After The Great Depression stock prices slowly started to rise again but people extremely cautious with how they buy or sell their stocks. The Great Depression could have started due to many factors, but the Stock Market Crash is the main one.

The Great Depression, the worst economic depression in the history of the United States, began in 1929. There are many who still question what was the cause of this event, and the truth is that there is not just one factor to point to. Instead a combination of events led to the Great Depression. This said, the main cause of the Great Depression was bank failures.

The Great Depression also called Depression of 1929, or Slump of 1929, began in 1929 and lasted until 1939. It was the longest and most severe depression ever experienced by the industrialized world. Though the United States economy had gone into depression six months earlier, the Great Depression may said to have begun with a catastrophic collapse of the stock market prices on the New York Stock Exchange in October 1929 call the Stock Market Crash of 1929. During the next three years stock prices in the United States continued to fall, until by late 1932 the had dropped 20 percent of their value in 1929 (http://www.britannica.com/bcom/eb/article/0/0,5716,38610+1,00.html).

The great depression led to many problems like banks failing, job loss, and starvation. The unemployment rate from 1920-1930 was growing after the stock market crashed and i believe it could've been solved if the government would of took more charge. In the 1920’s 49 businesses had failed. This took a big part in the great depression because many poplin the U.S had no money so they had to wait in big lines just to get a meal and many times it was just a bowl of soup. During 1929-1933 many banks had failed and people rushed to go and get their money, but many of them never got their money back until this day mat older people still don't trust banks to save their money. In 2008 the U.S had a financial crisis which involved in many banks not

According to the textbook, one of the underlying causes of the Depression was the crash of the stock market in 1929. On October 29, 1929 the U.S. Stock market crashed and is known today as Black Tuesday. During that time the most common credit extended to people was what was called a “call loan.” The stock buyer would put down 10 to 50 percent of what the stock was worth and borrow the rest to make full payment. If the stock dropped below a certain price the lender could “call back” the loan, demanding immediate payment in full. Billions of dollars were lost by a great many people, sending the economy into a tail spin.

The Great Depression was an economic decline that occurred in North America, Europe, and other manufacturing countries of the world. It began in 1929 and lasted until about 1939. It is known as the longest and most severe depression in the Western World. It is said that the Great Depression began with a tragic collapse of stock-market prices on the New York Stock Exchange in October of 1929. Over the next three years, stock prices continued to fall, and in 1932, they had dropped to only about 20 percent of their value they had in 1929. This decline strained banks and many other financial organizations, especially those who had stocks. By 1933, almost 11,000 of the 25,000 banks had failed.