Economic Factors That Led To The Great Depression

In 1929, the United States economy appears to be good and strong, at the moment; all Americans have some extra money or credit to buy some extra goods. The good economy was reflected in the Stock market, profits were big, more and more people invested in Stocks. In addition, farmers produced more wheat, cotton, corn, etc. and industries produced more goods that the needed to supply the country (over production), farmers’ and industries owners’ ambition make them produce more and more crops and goods. Americans using credit to buy goods they can’t pay, everyone investing all its savings on the stock market, overproduction on farm and industry area, plus America's new way of think, and other economic factors, make the economy of the country less strong, produce more unemployment and as result pushing the country into the Great Depression.

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.

The causes of the Great Depression in the early 20th century is a matter of active debate between economists. Although the popular belief is that the main cause was the crashing Stock Market in 1929 caused the Great Depression, There were other major economic events that contributed just as much as the crash, such as American’s overextension of credit, an unequal distribution of wealth, over production of goods, and a severe drop in business revenue. As these events transpired the state of economic crisis in the US began to skyrocket.

The Great Depression was a harsh time for many Americans. There were Stock Market Crashes and Dustbowls. But president Franklin D. Roosevelt came up with ways to cease the Great Depression like the New Deal and Bank Holidays. First, the Stock Market crash of October 29, 1929 caused stock prices to drop dramatically.

Overall, I believe the United States has been one of the most successful countries of all time. For the most part, the U.S. has been a prosperous place in the past and continues to be today. Throughout its history, the US. has overcame hardships faced to make the country into what it is today. The most well known oppression experienced by the U.S. is The Great Depression.

The Great Depression is a time many Americans can recall learning about or at least hearing about. The drastic effect the Great Depression had on our country is still recognized today, even though it happened almost 70 years ago. People were left unemployed with no money and food was often hard to find. The country had sunk into a Great Depression that seemed endless. But why did this happen to America, a country that was considered such a great “superpower”? How could something so horrible happen to a country that was just getting into swing of things? Well, to put it honestly, America’s banks had failed, people were using money they didn't have, and the one thing that people mainly blame, the Stock Market Crash of 1929.

The Great Depression lasted from 1929 to 1939, and was the worst economic downturn in recent history. It began after the stock market crash in October 1929, which wiped out millions of investors. The Great Depression impacted people’s living conditions, people lost their jobs, and farming was near impossible.

One of the many popular topics discussed in economics is the cause of The Great Depression, which took place in 1929, and ended around 1939. I believe that there is a misconception that the stock market crashing was the only cause of the Great Depression. Many different events contributed to the cause of the Great Depression, such as the stock market crash, Bank failure, drought conditions. The Great Depression was a time of hardship and misery.

The Great Depression in the United States lasted 10 years between 1929 to 1939 and was the worst economic downturn throughout our history. It began after the stock market crashed in October of 1929, which sent Wall Street into a panic and wiped out millions of investors destroying them and the economy. Throughout the next couple of years , consumers stopped going on spending sprees and investors had to be careful with their money and how they would use it. This caused a lot of declines with work and many people were either fired and let go by their job owners leaving many people to be poor. By 1933, when the Great Depression reached its lowest point, about 15 million people were without a job who had previously had one.

A. Next to the United States, Canada experienced the western world’s most severe economic decline after the New York stock market crash in October of 1929.

The depression was caused by a number of serious weaknesses in the economy. Although the 1920 seemed to be on the surface to be a prosperous time, income was unevenly distributed. The wealthy made a large amount of money, but more and more Americans spent more than they earned, and farmers faced low prices and heavy debt. The effects of World War I (1914-1918) caused economic problems in many countries, as Europe struggled to pay war debts and reparations. These problems build up to the crisis that began the Great Depression.

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

The Great Depression was the collapse of economic, social and political stability worldwide. It began in 1929 October and ended in 1939. The Depression was slowly developing but significantly began from the Wall Street Crash which occurred in October the crash affected the economical side of many countries who were supported by the United States. Germany had an economic development as they were dependent on their loans from American banks. These banks faced trouble from the stock crash and demanded money from Germany to immediately repay their loans. Many of the investors at the time found themselves incapable to pay the bank and were compelled to sell their possessions to find the money. This was a course of economic instability. By 1932 most

The great depression of 1929-1939 was the longest economic slowdown in most of the developed western countries (Hall & j, 09). In the US, it started in late 1929 after the American stock market crashed. The crashing of the stock market had serious ramifications in the US since most investors lost huge amounts of cash. Consequently, there was a reduction in consumer and investment spending this, in turn, led to a decline in output and high unemployment (Hall & j, 09). This paper critically discuss the most important factor that led to the end of the great depression.

There are various factors that led to the Great Depression. To begin, the lack of bank regulation was a big factor. The Federal Reserve Act which made banks have money on reserve, was not enforced. Another big factor was easy credit, Easy credit made it easy for people to get money out the bank without having the money to pay it back. Furthermore, the reduction in purchasing across the board can easily be said to be another key factor. With the stock market being down many people within every social class stop purchasing items. Which would cause a decreased not only the number of items being purchased but also the loss of people jobs. Many people had thing on layaway, so usually they would just pay for it monthly. However once they lost their