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The main causes for the great depression where:
Debt - There where massive lay off's and the unemployment rate was as high as 25%
American Smoot-Hawley Tariff Act - This seriously reduced international trade and damaged the profits of many farmers.
US Federal Reserve and Money Supply - Many people started doing "bank runs" with drawing all of their funds. as a rule banks loan out more money than they have. This mass withdrawing caused banks to go bankrupt.
What else can I help you with?
What led to the Great Depression?
The collapse of the stock marketis what led to the Great Depression.
What year was the great deppresion?
The Great Depression began in 1929.
What year waas the great depression?
1929
“ In which year was the peak of the Great Depression “?
1935
In which year was the Great Depression mot severe?
1933
What year did a worldwide depression severely test governments?
The Great Depression began in the year 1929.
What Did year did the Great depression Start?
Although the causes are still debated to this day; typically most people date the Depression to the October, 1929 stock market crash.
What year did The president make official that The Great Depression was The Great Depression?
1928-1933 by Herbert Clark Hoover the 31 president
In which year was the peak of the great depression?
It was in the 1930 during which there was a severe world wide economic depression.
What year was Great (Great (Isambard Kingdom Brunel))?
The Great depression started somewhere in the 1930s
What were all the reasons the great depression started?
unemployment, lose of money=stock market ,and no food
What happen in 1933 on the Great Depression?
During the Great Depression 1932 was considered the worst year. and the year that FDR was elected. 1933 was sometimes considered as the great turn around or the beginning of the end.....if that makes sense
