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.
The factor that helped worsen the Great Depression was the Smoot-Hawley Act.
in about 180 days we will be in the worse of the worse.. so yes we will be in a great depression..
Well we are not in a depression with Obama the only reason the economy is like this is because of our 43 president Bush So Roosevelts depression ended up worse because they were actually in a depression. You can thank Bush for the economic troubles
They arent man you arent thinking the same thing the depression is worse man dude dude dude dude you are thinking of the depression and the crash in the government7
China was severely affected by the Great Depression. The economic status of the country become worse and the general cost of living become unbearable.
it was brought out by world war II, but most people want to think the war just made the depression worse.
in about 180 days we will be in the worse of the worse.. so yes we will be in a great depression..
I did.
Well we are not in a depression with Obama the only reason the economy is like this is because of our 43 president Bush So Roosevelts depression ended up worse because they were actually in a depression. You can thank Bush for the economic troubles
It made everything worse!~Like nowadays
They arent man you arent thinking the same thing the depression is worse man dude dude dude dude you are thinking of the depression and the crash in the government7
China was severely affected by the Great Depression. The economic status of the country become worse and the general cost of living become unbearable.
it was brought out by world war II, but most people want to think the war just made the depression worse.
Franklin Roosevelt did not get the US out of the great depression he streached out the depression and made it worse. We may be in for a very long depression if Obama tries to do the same things that Roosevelt did. Look how long the Roosevelt depression lasted.
they feared it would make things worse
As the depression was getting worse, the stock market was what is called a bear market. The rising market is called a bull market.
the great depression
The Great Depression severely affected every segment of the economy. ... worse, prices for agricultural products dropped to their lowest level since the Civil War.