There were many aspects to the economy of the 1920s that led to one of the most crucial causes of the Great Depression - the Stock Market crash of 1929. In the early 1920s, consumer spending had reached an all-time high in the United States. American companies were mass-producing goods, and consumers were buying.
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.
it didnt
The great depression of the 1930's led to WW2; WW2 got the US out of the 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.
it didnt
no. ww2 did
It didn't really. The Great Depression was caused more by the drought which devistated the economy.
The Great Depression
It led to the Great Depression because the U.S. was in debt to other countries
hooverville, System of batering, and the stock market crash.
The Great Depression
Raising taxes