What Caused 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.

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.

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 began after the crash of stock market in 1929. Prices quickly dropped which wiped out millions of investors clearing out $10 billion dollars in value. Throughout the years investments had dropped because the people were no longer spending any money. This caused many industries to drop and employment rates to reduce. President Herbert Hoover tried to reassure everyone that the crises would only last sixty days, but the crash eventually led to a worldwide depression. The Depression reached its all-time low when over 15 million Americans were unemployed. Those who were lucky enough to have a job had a major decrease in wages. Finances were a big issue, and many were forced to buy on credit which lead them to debt. The number

The Great Depression came dramatically with the crash of the stock market. The causes of the Great Depression had been sowed well before 1929. Some of these causes that contributed to the Great Depression were the uneven in wealth distribution, over production of goods made in the United States, and the pro business culture of the 1920s which introduced lower taxes, higher tariffs, and anti-unionism. These causes along with the over lending from banks in speculation of individual stocks contributed to the Great Cash of 1929.

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.

The Great Depression of the 1930s was a worldwide occurrence that originated partially from incidents in the United States of America and its financial policies. As the depression continued throughout the decade, it influenced the Unites States Government to become isolationist with its US foreign policies. The great depression was a devastating time in American History, starting from 1929 and lasting a period of 10 years to end in 1939. The Great Depression though was a domestic event in American history had a plethora of American Foreign Policy linked to it.

Causes of the Great Depression By: Hamzah Abouseta The great depression during the 1930’s was a social and economic shock that left millions of people unemployed, hungry and often homeless, specifically in Canada and the United States. There are many reasons that have caused this tragedy such as the stock market crash, bank failures, and the reduction of purchasing across the board. The stock market crash was the main cause of the great depression in the 1930’s.

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

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

The Great Depression, which was widely known by people in the world. It was one of the worst time in American history. And it was the longest, most widespread, and deepest depression of the 20th century. But what if the Great Depression did not happen in history? As far as I am concerned, the American economy would be more powerful than before, and it would strengthen the power of economy. Besides, it would offer a steady foundation for the policy. However, it still happened in the history. And brought many consequences and created many problems. But what were the main causes of the Great Depression? The main causes of the Great Depression could be divided into four aspects