How did the Great Depression begin?

Answer 1

The Great Depression began with the Stock Market crash in October of 1929 which is known as Black Tuesday. It began in the United States and then soon spread to many other countries around the world (Germany, Russia, France, Italy, Austria-Hungary just to name a few). It was so devastating that 1 loaf of bread in Europe cost $112 U.S. dollars.

Answer 2

The Great Depression started around 1929 to about 1939. The Great Depression was triggered by multiple events. The Stock Market Crash was a big event that aided in the start of the Great Depression. The GD was not only effective in the US, but it affected all the countries in the world.

Jobs were lost & people were starving without a roof over their heads. The GD lasted about 10 years, give or take a couple months.

Answer 3

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.

Answer 4

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.

Answer 5

With the stock market crash in October,1929.

Answer 6

the great depression began in October 1929 in the united states of America.

Answer 7

The stock market crash of 1929

Answer 8

After The Jazz Age ( APEX )

Answer 9

The stock market crashed in 1929.