There were several major causes of the Great Depression in the United States. 1. Unequal distribution of wealth. There was not a large middle class. While wages were rising for the majority of workers, they were not keeping pace with the increase in the cost of living or the wealth in the hands of the industrialists and others in the upper income classes. 2. There was over speculation in the Stock Market, which was not regulated. Many Americans purchased stock on credit. This was known as margin buying. 3. Increased manufacturing and agricultural output, but wages that did not keep pace for the consumers to purchase all that was produced or grown. Hence, inventories increased and agricultural income remained low. 4. Buying on credit, known in the 1920s as installment buying. People purchased things like refrigerators on time, and did not have money to pay for the product in the future, when the bills became due. 5. Federal regulations on businesses also contributed to the cause. Especially favorable to the large corporations were the taxes laws which were written to encourage business expansion. 6. Banks were permitted to speculate in land and the stock market with little government regulations. 7. High tariffs and war debts helped spread the depression world wide. 8. The Stock Market Crash of 1929 signaled the beginning of the Great Depression. The Stock Market crash did not cause the Great Depression. It was just another of the many economic crisis that indicated how poor the American economic system had become. The fact that so many companies had been over rated, all the inflated prices of stock, and the call in of loans (margin buying) by the brokers signaled the beginning of the end.
Yeah! it effected most countries. Agriculture fell first, which lead to industry crashing after NY stock market crash.
Yes. The stock market crash did not cause the depression. Instead the economic crisis and the depression caused the stock market crash
In October of 1929 with the crash of the stock market.
Stock Market Crash
The immediate cause of the Great Depression was the stock market crash of 1929, also known as Black Tuesday.
hooverville, System of batering, and the stock market crash.
The stock market crash lead to several things but the main thing was Great Depression
The country entered a depression as the result of the stock market crash.
There was a Msrjet Crash during the great depression.
Yeah! it effected most countries. Agriculture fell first, which lead to industry crashing after NY stock market crash.
Yes
Yes. The stock market crash did not cause the depression. Instead the economic crisis and the depression caused the stock market crash
The Great Depression.
In October of 1929 with the crash of the stock market.
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
If you're referring to the crash that spawned the Great Depression, it was 1929.
Stock Market Crash