Yes. The Stock Market crash did not cause the depression. Instead the economic crisis and the depression caused the stock market crash
true
As the nation's economic system developed, the economy experienced both ups and downs. This means that as the economy was developing, there were economic booms where the economy was considered 'good' but also falls (or depressions) where times are considered 'bad.' These ups and downs are sometimes, but not always, cyclical when they appear, meaning that a depression will be followed by a length of time when the strength of the economy grows again.
The stock market crash of 1929 was primarily caused by excessive speculation, overproduction, and a lack of regulation, leading to a loss of confidence in the economy. The ensuing Great Depression resulted in widespread unemployment, bank failures, and a severe contraction of economic activity, profoundly affecting the lives of millions. As businesses collapsed and consumer spending plummeted, the nation faced social unrest and a significant shift in government policy towards economic intervention and social safety nets. The effects of the depression lasted throughout the 1930s, reshaping American society and its economic landscape.
Due to the fact that everyone was lost, the German people were looking for someone to lead them, and hitler promised that he would help Germany be a prosperous nation, which indeed he did and he used the fact that he helped them out of a depression to stay in office and he eventually seized absolute power
It was called "The depression Intervention" because it was like a Intervention to the founding father's, who were in it, and they waned to try an solve the depression to help their nation and to have happiness in their/are nation!
a great depression
stock market
The economy of the United States crashed in 1929 and caused the Great Depression. The uneven distribution of wealth led to this because the poor had no money at all, and the rich had all of the money. When the economy crashed, everyone lost money.
There are urban legends of stock brokers who threw themselves out of skyscraper windows when the stock market crashed. Others sold pencils or apples on the street to eke out a meager existence. Some relied on breadlines and soup lines for bare survival. One-third of the nation was jobless an homeless.
One of FDR's famous sayings was that the nation had "nothing to fear but fear itself" this was important for the United States in the 1930's because a stock market panic had led the nation into the Great Depression.
World wide depression refers to a time where the world was in economic despair. This included severe job loss, along with mass poverty and sickness. In the U.S., the depression struck in the late '20's and early '30's. This was the result of the stock market crash, which propelled the nation into extreme poverty and economic depression.
true
true
Libya
Czechoslovakia
Foreign exchange market
As the nation's economic system developed, the economy experienced both ups and downs. This means that as the economy was developing, there were economic booms where the economy was considered 'good' but also falls (or depressions) where times are considered 'bad.' These ups and downs are sometimes, but not always, cyclical when they appear, meaning that a depression will be followed by a length of time when the strength of the economy grows again.