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History of the United States
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The Great Depression

What crashed in October of 1929 that was a major cause of the Great Depression?

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2010-09-24 15:52:27
2010-09-24 15:52:27

The Stock Market Crash of 1929 was not a cause of the Great Depression but it signaled the beginning of the Great Depression.

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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.


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The underlying causes of the Great Depression included the 1929 stock market crash, the failure of large banks, and the lack of purchasing. Also, drought conditions affected farming and helped to cause the Depression.



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