The depression was caused by the stock market crash of 1929 and the Fed’s reluctance to increase the money supply GDP during the Great Depression fell by half, limiting economic movement. If you continue browsing the site, you agree to the use of cookies on this website. All these causes combined made the Great Depression what it was: the most horrendous economic collapse of the 20th century. Essential Declarative:Analyze 5 main causes of the Great Depression. The Great Depression was a complex event, and understanding what happened is no small challenge. The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from the stock market crash of 1929 to 1939. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. There was also bank failures, a reduction in purchasing power, a worsening American economic policy in Europe, and the Dust Bowl. The Great Depression was a worldwide economic depression that lasted 10 years. No one knows exactly what causes it, but it can occur for a variety of reasons. Depression is an extremely complex disease. In this guide, we aim to give you a clear picture of the key historical figures, policies, and events that caused and extended America’s Great Depression. Works Cited “5 Causes of The Great Depression.”
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