There were several underlying 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.
Low tariffs to increase international trade
The main cause to the start of the great depression was the Wall Street Crash in 1929.
yes
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.
the stock market crash
What did the Great Depression effect? What was the effect of the Great Depression?
WWI was a major cause of the Great Depression.
The main cause to the start of the great depression was the Wall Street Crash in 1929.
The main cause to the start of the great depression was the Wall Street Crash in 1929.
It can be hard to separate them, because ADHD or ADD can cause depression but depression can also cause concentration problems. If you want to fix your problems you have to find out which one is the underlying cause. For instance, if something has recently happened in your life (death, trauma etc) it might be depression.
yes
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.
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
yes
The Socialists and the Communists
the stock market crash
No, rubbing a dog's belly does not cause depression. Too much change, not enough exercise, play, can cause depression in dogs. A great resource for information on dog depression is: http://dogtime.com/depression.html
What did the Great Depression effect? What was the effect of the Great Depression?