The Factors That Led To The Great Depression

There are many things that factor in as causing The Great Depression. I believe the biggest factors to be money and confidence. Even though by year end of 1930 the stock market had recouped some of the money lost in the previous years’ loss with the devastating Black Tuesday. The US and the rest of the world would continue to feel the devastating effects of banks failing, high unemployment rates, reduced trade and purchasing of over produced goods, and a negative impact to agricultural. This would not only put a dent in the people’s confidence with the stock market and banks but also government would need to step up in a big way to get things somewhat back on track.

The Great Depression was caused by the stock market crash in 1929. The Great Depression was very sad time for Americans, who faced many adversities which ultimately changed the way they lived. During this period of time unemployment rose to nearly 25% of the population, those who did not lost their job saw a dramatic decrease in their pay.

There are multiple conditions that occurred in the US that aided in the economic downturn leading to the Great Depression. Prior to the stock market crash of 1929, a classical approach, advocated by Adam Smith, was how America felt its political and economic system functioned. Adam Smith’s classical approach is embedded in the concept of a laissez-faire economic market, which suggests that the US would thrive if left alone (lecture). This approach requires a noninterfering government and allows individuals to follow their own self-interest, which was supposed to keep economic order (Cochran & Malone). Additionally, as discussed in lecture, this theory assumes that markets are inherently stable, self-adjusting and self-regulating, and

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.

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.

To begin with, the first cause of the Great Depression was the bank failures during that time. Prior to the Stock Market Crash of 1929, banks were renting out money to consumers without doing any kind of speculations. The people who rented the money would then go on and invest that money into the stock market not knowing it was going to crash. Once the market crashed, banks were dealt with a huge deficit

There were many causes to the Great Depression. Some of the major causes were overproduction in factories, tariffs, debt from WW1, and the stock market crash. When the economy slowed down, many factories faced overproduction. At first, the manufacturers lowered prices and stockpiled goods, and eventually produced fewer goods. The decrease in production lead to layoffs in factories, which meant people could not afford to buy consumer goods, so sales slowed down even more, which slowed the economy down.

The Great Depression caused the overexpansion of credit and overproduction of goods, it faced unemployment and debt, and dealt with the problems with the help of President Roosevelt. Causes of the Great Depression included the overproduction of goods, overexpansion of credit and financial problems in Europe. The overproduction of goods made prices drop and the consumer count get higher. The price reductions for companies such as Ford made buying more appealing, and advertisements targeting a specific group, like the “modern mom’, had certain ways of wording their ads to make their impressions better (Doc 1 and 2). Overexpansion of credit caused people to spend money that they didn’t have to begin with.

One big question of the great depression is what where the causes of it? Firstly banks invested in the stock market. You’re probably asking “what’s wrong with that?” well the bank loaned money to people investing in the stock market . The money that the bank loaned to people was essentially money from other people whose money was in the bank . The federal government increased the making of money in the 1920s because the economy

The Great Depression was the result of life during the Roaring Twenties. People heavily valued materialism and hedonism which in-turn made many people try to find a way to gain a large amount of money in a short period of time. As more and more people were intoxicated with greed and selfishness, they became more careless through their actions and made many mistakes. These mistakes led to the

The great depression was caused by 4 main things. The lack of economic diversity was not having lots of money. Another was unequal wealth distribution which was either you were super rich or super poor. The banking system was unstable which meant loans were not being paid which means banks start charging interest. Lastly the international credit and trade issues was not being able to trade with other countries for resources.

There were several factors that played a major role in the Great Depression. The main explanation was overproduction of both farm and factory and the unequal distribution of wealth throughout the 1920s. The excessive speculation in the 1920s kept the stock market at a deceitful high, and came crashing down in 1929. Over extended credit at

On October 29, 1929, also known as Black Tuesday, the stock market collapsed, causing people to sit in awe as they watched their fortunes disappear. The stock market crash was only one of the factors that jumpstarted the Great Depression. Banks failed to operate as a result of withdrawal of money from countless amounts of people. Although there was the decline of housing and automobile production in this era, factories encountered the problem of overproduction. The supply didn't not meet the demand of the consumer so companies faced bankruptcy and workers were laid off. 13 million people were jobless and the unemployment rate ascended to 25% during the Great Depression. With no income, people were not able to provide for their families, which

Many people think that the Great Depression was caused solely by the stock market crash. Anybody who tells you this probably didn’t pass U.S. History in high school. The fact is, the Great Depression was caused many different factors. Four of which were overproduction, uneven distribution of wealth, protective tariffs, and the four “sick industries” of the 1920’s.

The Great Depression lasted from 1929 to 1939. The Great Depression was the worst economic downturn in the history of the industrialized world. It began when a stock market crashed in October of 1929. The Great Depression originated in the United States. This stock market crash led to wall street having a panic and it also wiped out one million investors.