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what caused the great depression?
02-19-2014, 01:17 PM
Post: #8
 
There were many things that contributed to the start of the Great Depression... this included over-production, wherein lots of goods were being produced but no one was buying them, and many farmers were growing too much food, triggering prices to drop.

Whilst all of the above played a part in it, the primary cause was the Wall Street Crash of 1929, which is to date one of the most devastating stock market crashes in history. All Western industrialized countries were affected and it left many people homeless and jobless.

See more about the Wall Street Crash and its causes here: http://www.economicshelp.org/blog/76/eco...rash-1929/
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Messages In This Thread
what caused the great depression? - Naomi - 02-19-2014, 12:41 PM
[] - Chloe - 02-19-2014, 12:47 PM
[] - Kootaka - 02-19-2014, 12:48 PM
[] - Baron Munchausen - 02-19-2014, 12:52 PM
[] - LortonDeformatory - 02-19-2014, 01:00 PM
[] - Louie O - 02-19-2014, 01:03 PM
[] - GIO C - 02-19-2014, 01:07 PM
[] - Fab - 02-19-2014 01:17 PM
[] - Martell - 02-19-2014, 01:22 PM
[] - ammianus - 02-19-2014, 01:23 PM

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