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What turned the World War 1 post-war depression into the Great Depression?
Wiki User
∙ 11y ago
The Great Depression of 1929 was because of the Wall Street (stock market) Crash. There are many reasons that lead to the crash, mainly because after WW1 (1920's) were really positive for some, but very bad for others unnoticed. So all the underlying negatives in society were not targeted such as over production, banks not being guaranteed (private owned), falling prices and the main sources of income (eg building houses) was slowing. Basically from the 24th to the 29th of October people were selling their shares in fear which in itself reduced share prices until they were virtually priceless.
The Great Depression affected the world, and although in America the president introduced the 'New Deal' and 'Second New Deal' to attempt to fix society, it never really healed until WW2.
Wiki User
∙ 11y ago
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How did financial crisis contribute of the Great Depression?
Postwar reparations led to hyperinflation and economic collapse in Germany.
Why did the Great Depression make some people want a change in government?
Americans turned to the government for aid in the great depression because many people didnt have jobs, and were going poor and hungry.
How are Isolationism and the Great Depression related?
Isolationism is a CONSEQUENCE of the great depression. After the Great depression many Nations focused on internal affairs.
Great Depression a-z?
Great depression A-Z is a detailed analysis of some types of depression and their possible medication.
How did the Great Depression affect Belize?
how did the great depression affected Belize
What contributed the postwar construction boom?
Few houses were built during the Great Depression.
What contributes to the postwar construction boom apex?
Few houses were built during the Great Depression. (APEX)
How did financial crisis contribute of the Great Depression?
Postwar reparations led to hyperinflation and economic collapse in Germany.
Contributed to the global economic crisis during the great depression?
Postwar reparations led to hyperinflation and economic collapse in Germany.
How did government economic policies during the 1920 lead to the great depression?
Government Economic policies did not lead to the great Depression. The Great Depression started out as a normal recession as part of a business cycle. However, bad government policies (e.g. protectionism) has worsened the recession and turned it into what we now know as the Great Depression.
How did government economic policies during the 1920s lead to the Great Depression?
Government Economic policies did not lead to the great Depression. The Great Depression started out as a normal recession as part of a business cycle. However, bad government policies (e.g. protectionism) has worsened the recession and turned it into what we now know as the Great Depression.
Where did the Great Depression?
Where did the great depression.... WHAT???-The BOLD explainer ;)
WHAT IS AN ECONOMIC DEPRESSION?
The Great Depression
What came first Great Depression or world war you?
WWI was a major cause of the Great Depression.
What is an example economic depression?
The Great Depression
How is Depression Characterized?
the great depression was characterized by
Why did the Great Depression make some people want a change in government?
Americans turned to the government for aid in the great depression because many people didnt have jobs, and were going poor and hungry.
