What Caused The Great Depression In The United States

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.

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.

For the United States, the Great Depression was one of the most profound economic decrease in its history. Several reasons contributed to this great calamity, such as overproduction, banking and money policies, and stock market practices.

The Great Depression was the longest-lasting economic downturn in the history of the US. There are a lot of different options on what lead to the Great Depression since there were a lot of factors involved. One theory was that a a severe shortage of diversification in the American economy caused it. During the 1920s automobiles and construction, which began to decrease. Then in 1929 automobile sales began to decrease drastically more than a third in the first nine months. Prosperity relied on some general industries, for example the auto industry. This really took a toll. New industries began to develop but there wasn't much that could be done to reverse the damage.

There are several different factors that affected the beginning of The Great Depression. The first one is the problem with the agricultural system. “In the United States, agriculture had been in a depressed state for ten years, with continual declines in exports, crops prices, and land values” (Burg 48). Agriculture was a major deal because it revolves itself around businesses and trade. The end result with agriculture was more than five thousand

The Great Depression of 1925 lasted until about 1939, was the worst, longest and more severe economic depression in the history of United States of America. The depression caused a great harm to Americans because some of the banks were closed and some people also lost their jobs. Although it originated from United States, The Great Depression caused a huge decline in outputs and acute deflation nearly to every part of the world. Some of the causes include bank failures, reduction in purchasing across the Board, drought conditions and other as listed below.

To start, there were several causes of the Great Depression such as overproduction and the uneven distribution of wealth. However the major cause of the depression was the crash of the stock market in 1929. Once the market crashed Americans went into a panic. Millions of dollars worth of stock gone in the matter of seconds.With millions of Americans panicking and worried about their money they took all of their savings out of banks in fear of the banks crashing and losing their money in order to

The Great Depression was a time when the economy in the U.S. plummeted. It occurred between the late 1920s and early 1940s. Many became homeless, jobless and hungry. Therefore, it leads many to wonder how it happened. A number of factors that led to the The Great Depression, the worst economic crisis in the United States, include the collapse of banking systems, reduction in foreign and domestic purchasing, and a major drought known as the Dust Bowl.

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 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.

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 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.

What happened to cause the Great Depression in the United States? There were many causes that lead to the Depression, such as, The Stock Market Crash in 1929, the failure of over 3,000 banks and even drought conditions in the midwest that killed of many crops, livestock and even lead to people getting sick. There were many people in this time era who were unemployed and people started to lose their faith in the U.S government. This time period is one of the worst in American history and many people struggled during this time period. Although the Great Depression was a terrible time in U.S history, Americans were able to get through the time with help from the government and other contributors in society during that time period.