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It didn't necessarily "cause" the depression, however, it allowed for more financial disruption. People in the twenties (1920s) were beginning to buy on margin, this new concept for them that excited them beyond belief. Unfortunately, what the began to do, is spend more money than they had, it was practically imaginary money that put the individual in debt.
What else can I help you with?
Overproduction and underconsumption factored into causing the great depression by?
Too many goods were being produced in factories (overproduction), and after the stock market crash and other factors, people stopped buying goods in an attempt to save money (underconsumption).
How did the Great Depression affect Belize?
how did the great depression affected Belize
How did the great depression affect Poland?
Not much.
Did the Great Depression affect mutual funds?
The Great Depression and World War II hampered asset growth in mutual funds
How did drought affect Georgia during the great depression?
6666
Overproduction and underconsumption factored into causing the great depression by?
Too many goods were being produced in factories (overproduction), and after the stock market crash and other factors, people stopped buying goods in an attempt to save money (underconsumption).
How did the Great Depression affect Belize?
how did the great depression affected Belize
How did the great depression affect Poland?
Not much.
How did the great depression affect the farmers?
prices
Causes of great depression?
The Great Depression was primarily caused by a combination of several factors, including the stock market crash of 1929, overproduction and underconsumption, unequal distribution of wealth, and the failure of the banking system. The stock market crash led to a loss of confidence among investors, triggering a downward economic spiral. Overproduction and underconsumption exacerbated the economic downturn, leading to widespread unemployment and poverty. The unequal distribution of wealth meant that the majority of the population did not have enough purchasing power to sustain economic growth, further deepening the crisis.
Who and what did the great depression affect?
no one got acffected
What did eugene talmadge do to affect the great depression?
irene
How did the Great Depression affect the people's confidence in democracy?
There is no answer
Did the Great Depression affect mutual funds?
The Great Depression and World War II hampered asset growth in mutual funds
Did they great depression affect America's film industry?
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How did drought affect Georgia during the great depression?
6666
How did eugene talmadge affect the great depression?
He did nothing about it to be honest...
