The 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.

The Great Depression remains to be the worst economic slump ever in American history and one which spread practically all over the industrialized world. The Depression bombarded in late 1929 and lasted nearly a decade. Many factors elemented the depth of the widespread prosperity. However, combined, the greatly unequal distribution of wealth throughout the 1920's and the extensive stock market speculation that took place during the latter part that same decade remain the key of all elements.

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 terrible event during the 1930’s. The Great Depression lasted for ten years. It began in 1929 and ended on 1939. World War II then began. The Great Depression was caused by number of weaknesses in the economy.The Great Depression had many effects on people living through it. People who lived through it blamed President Herbert Hoover for the cause of it.

The great depression was a horrible time for americans it was one of the most difficult times in the united states.One of the causes that started the great depression was the stock market crash of 1929 it was a major cause because two months after the original crash stockholders had lost more than 40 billion dollars.Even though the stock market begin to gain some of these losses back by the end of 1930 it was not enough and america truly entered the great depression.Another event that caused the great depression was bank failures.In the 1930s over 9,000 banks failed. Bank deposits were uninsured and banks failed people by losing their savings.Banks that survived were unsure of their economical situation and concerned for their survival.

The Great Depression started within the year of 1929 and had finally ended in 1939. This was caused by the stock market crash in October, by this, causing the Wall Street into a panic and cleared millions of investors. As years are passing by, consumers are dropping their investment and thus causing companies to let go of their people. By 1933 about 13-15 million Americans were unemployed and nearly half of the banks had failed due to people wanting to withdrawal their money. In the 1930s, President FDR came into the picture and he had helped the ease of the Great Depression, although it wasn’t enough; however, in 1939 after the Pearl Harbor Attack, it was finally getting back into gear with American industry and the Great Depression had ended.

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 was a very detrimental time in American history.The Great Depression was caused by a series of events that lead to the crash of the stock market. On October 29, 1929 over a billion dollars was lost, despite the trade of over 16 million shares. This unexpected downfall caused a collapse in the American economy.

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

The Great Depression was absolutely devastating to the United States. It lasted for a span of 10 years starting in 1929. It was the worst economy the U.S. had ever seen or been through. The depression followed the stock market crash in October of 1929. That event sent Americans into a panic and caused investors to withdraw their money. This however was not what actually caused the Great Depression. There were severally different things that led to the downfall of the U.S. economy, but the most significant was overproduction. During World War I, farmers produced greater amounts of food in order to keep up with European ally needs. However, once the war ended this did not stop. Farmers continued to produce huge amounts of food. They also started

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.

The Great Depression was a time of worldwide crisis, and is the worst economic crisis in U.S. history. It led to massive unemployment, and the development of federal corporations and administrations which are still in use today. The Great Depression seems to have begun when the stock market crashed on October 29, 1929, but there were other factors leading up to the crash. As the rate of consumption of a company’s goods were increasing, workers were not granted higher wages, resulting in unequal income distribution and a weak economy.

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

Although there are many reasons for the Great Depression there are three that stick out the most, the Stock Market Crash of 1929, bank failure and the reduced amount of products being purchased/made.

While some may say the Great Depression came about because of the greatest stock market crash in United States’s history, the stock market crash of 1929, this certainly isn’t the entire reason for the depression. There are five main reasons why the Great Depression came about.