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The great crash was just one of the reasons that the US economy went into a long depression. The banks failing, and the decrease in purchasing power also had a part in leading the US into the long depression. The reason for this was that each economic issues fed into the next and there was no way to rebound.
What else can I help you with?
What was a long term effect of the stock market crash?
The long term effect of the Stock Market crash was followed by the Great Depression.
How long did the the Great Depression last?
The Great Depression lasted roughly ten years. It began with the stock market crash in October 1929 and ended in 1939.
How long did the great depression?
If the question refers to the US, about ten years, for most if not all of the 1930's. Even if the Stock Market Crash of 1929 could be universally agreed upon as the beginning of the Great Depression in America, its ending is even more difficult to tack down as recovery was very gradual. Some may choose to regard the attack on Pearl Harbor in 1941 as the official ending of the Great Depression in the US. The economy was already much improved by then, but it was vastly and immediately pumped up by the shift to wartime production.
Where did the name the Great Depression come from?
the name the great depression came from a long time ago when people lost jobs and the taxes went upthe name the great depression came from a long time ago when people lost jobs and the taxes went up
Great depression in a sentence?
The Great Depression had long-lasting consequences for our country.
Did the wall street crash cause the Great Depression?
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
What was a long term effect of the stock market crash?
The long term effect of the Stock Market crash was followed by the Great Depression.
How long did the the Great Depression last?
The Great Depression lasted roughly ten years. It began with the stock market crash in October 1929 and ended in 1939.
How long did the great depression?
If the question refers to the US, about ten years, for most if not all of the 1930's. Even if the Stock Market Crash of 1929 could be universally agreed upon as the beginning of the Great Depression in America, its ending is even more difficult to tack down as recovery was very gradual. Some may choose to regard the attack on Pearl Harbor in 1941 as the official ending of the Great Depression in the US. The economy was already much improved by then, but it was vastly and immediately pumped up by the shift to wartime production.
What role did the War of the Worlds play in the great depression?
The War of the Worlds did not play a direct role in the Great Depression. The Great Depression was primarily caused by a combination of stock market crash in 1929, economic downturn, and banking failures. The War of the Worlds was a radio broadcast in 1938 that caused panic but did not have any long-term impact on the economic conditions of the Great Depression.
What were three reasons the US stayed out of World War II so long?
Economy great depression and something else
Define economic depression and name at least one example of one?
An economic depression is a sustained, long-term downturn in economic activity in one or more economy. An obvious example is the U.S. Great Depression.
How many people were unemployed in the wall street crash?
During the Wall Street Crash of 1929, the stock market collapse led to widespread economic turmoil, resulting in significant unemployment. By 1933, the unemployment rate in the United States had soared to about 25%, with an estimated 12 million people out of work. The crash triggered the Great Depression, which exacerbated unemployment levels and had long-lasting effects on the economy.
Where did the name the Great Depression come from?
the name the great depression came from a long time ago when people lost jobs and the taxes went upthe name the great depression came from a long time ago when people lost jobs and the taxes went up
Great depression in a sentence?
The Great Depression had long-lasting consequences for our country.
What was the long term affect of the stock market crash?
the country entered into a depression
How long was president Herbert Hoover in office during the Great Depression?
If you say the Great Depression began with the Black Tuesday stock market crash on October 29, 1929, then Hoover, who left office on March 4. 1933 was in office during 3 years and 4 months of the depression.
