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What were the causes and reasons for the Great Depression in Australia?
Wiki User
∙ 16y ago
firstly the Great Depression first started of because of the Crash of the Wall Street Stock that happened in 1929. Economic times in the 1920s were actually very good as share markets hit record high. though this was actually part of the problem because then, alot of people decided to make money out of this by selling many more things. then by the end of it this only made it worse taking the markets to go down.
people lost everything,and couldn't buy anything or do anything; they were in bad shape. all they needed to do was find jobs. of course by this time absaloutly everyone was looking for jobs as everyone found it hard to live and supply for their own needs; And all this was very difficult and very crazy during this time.
This was what started the Great Depression; the fact that everyone was depressed about this downturn in the economy.
Wiki User
∙ 16y ago
Wiki User
∙ 11y agoAdd your answer:
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How were the factories affected during the Great Depression in Australia?
During the Great Depression, hundreds of factories in Australia were closed. In South Australia alone, approximately 30 percent of the workforce did not have regular work.
What led to the Great Depression?
The collapse of the stock marketis what led to the Great Depression.
Social causes of the great depression?
yes there are MANY
What are the top causes of the Great Depression?
The Great Depression was caused by a large amount of environmental factors that proved to be to much to handle at the time. The top causes of the Great Depression are: the stock market's crash, World War I, and the changes within the United States's political power.
Where and what was happy valley in the great depression?
Happy Valley was in New South Wales, Australia.
Causes of great depression?
== ==
What was not affected by the Great Depression in Australia?
Time
What are the causes of The Great Depression in the US?
There are numerous reasons to why the Great Depression occurred in the United States. The main reason is because of the Stock Market Crash of 1929. There was also another reason. This reason included the numerous banking failures.
What are ten causes of the great depression?
Obama
How were the factories affected during the Great Depression in Australia?
During the Great Depression, hundreds of factories in Australia were closed. In South Australia alone, approximately 30 percent of the workforce did not have regular work.
How were Australians affected by the Great Depression?
The Great Depression had a devastating effect on Australia with massive unemployment and hardship for most of the country.
What led to the Great Depression?
The collapse of the stock marketis what led to the Great Depression.
How is dust bowl and Great Depression alike?
The dustbowl is a nickname for the Midwest during the great depression. I is one factor that causes the great depression because of the shortage of food.
Social causes of the great depression?
yes there are MANY
causes of economic agent conflict?
Great Depression
When was Australia's unemployment rate at its worst due to the great depression?
NO
Positive outcomes of the great depression in Australia?
peace and happiness
