The Great Depression can be attributed in part to a series of events, including the Stock Market crash of 1929, which shattered investor confidence and led to widespread financial panic. Additionally, bank failures and a collapse in consumer spending further exacerbated the economic downturn. Poor monetary policies, such as the Federal Reserve's decision to raise interest rates, also contributed to deflation and reduced liquidity in the economy. Together, these factors created a downward spiral that resulted in massive unemployment and widespread hardship.
NOTHING
Yes it did. No State was spared. The Great Depression was a global event.
Economic Contraction
the YANKEES XD
The Great Depression in the United States was part of a world wide depression in the developed nations of Europe. The "response" from Europe was to find ways to end the problem.
NOTHING
It is part of the Great Depression.
No. Economically, London is part of England.
Yes it did. No State was spared. The Great Depression was a global event.
Economic Contraction
Government Economic policies did not lead to the great Depression. The Great Depression started out as a normal recession as part of a business cycle. However, bad government policies (e.g. protectionism) has worsened the recession and turned it into what we now know as the Great Depression.
Government Economic policies did not lead to the great Depression. The Great Depression started out as a normal recession as part of a business cycle. However, bad government policies (e.g. protectionism) has worsened the recession and turned it into what we now know as the Great Depression.
the YANKEES XD
The Great Depression in the United States was part of a world wide depression in the developed nations of Europe. The "response" from Europe was to find ways to end the problem.
It was particularly brutal on the Eastern border which was a part of the Dust Bowl.
capitalism
Herbert Hoover was president when the great depression began.Franklin Delano Roosevelt was president through the rest of the great depression and most of World War 2.Harry Truman was president during the final part of World War 2.