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How did an imbalance of wealth cause the great depression?

Updated: 8/20/2019
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12y ago

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The rich were getting richer by selling stocks they bought cheap and the poor who were buying didn't know that wasn't good stock to but and lost their money

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12y ago
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Q: How did an imbalance of wealth cause the great depression?
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What came first Great Depression or world war you?

WWI was a major cause of the Great Depression.


What was the main cause of the main cause of the great depression?

The main cause to the start of the great depression was the Wall Street Crash in 1929.


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The Stock Market crash, structural weakness of the economy, overproduction, misdistribution of wealth and an international crisis contributed to the Great Depression in the United States.


What were two causes of Great Depression?

There were several things that culminated in the Great Depression. Primary among them are the Stock Market crash of 1929 and the unequal distribution of wealth.


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What the was cause of the Great Depression?

The Great Depression refers to the economic downfall that took place before and during World War II. This was due to a severe lack of jobs and the crash of the stock market


Did the great depression cause loneliness?

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Which economic trend of the 1920's helped cause the Great Depression?

The major economic trend of the 1920s that helped caused the Great Depression was likely the unequal distribution of wealth. Another factor was over speculation in the stock market.


When did the Great Depression occur name one cause of the Great Depression?

The Great Depression started in October 1929 when the New York Stock Exchange crashed and everyone was poor instantly. Another cause of the Great Depression was over-farming in the Midwest which caused huge dust storms that ravaged crops.


Did the wall street crash cause the Great Depression?

no there were many other long term cause which helped cause the great depression. the wall street crash was a cataylst that sped up the depression. if the wall street crash never happened the long term cause would have cause the depression on their own eg overproduction, tariffs etc