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.
in 1933 Franklin Roosevelt had an inaguration, later after that the unemployment rate droped and people could no longer afford to pay their mortgages so they were forced to find an alternative form of shelter and they stayed in Hoovervilles which were like tenements, they would go to breadlines which were like soup kitchens for us they provided food for the poor. many couples would delay a marriage or get divorced and the Birth Rate had a record decrease in American History. when men would loose their jobs they would depend on their wife and kids to provide for their families so then the kids would ride the rails which is illegally jumping on a train and riding it for free to get to somewhere else they would do this to find jobs and food and they would have to go several days without food or water and in the frigid weather.
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.
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?
The most popular belief of the cause of the Great Depression is the stock market crash of 1929. Economist still debate about the other causes. Excess speculation in the stock markets added to the causes of the depression.