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Mr. Savage argues that the Great Depression was caused by a combination of factors, including the Stock Market crash of 1929, unsustainable economic practices, and a lack of effective government intervention. He emphasizes that the overextension of credit and speculative investments contributed to the financial collapse. Additionally, he highlights the role of international economic instability and trade policies in exacerbating the crisis. Overall, Mr. Savage believes that a multifaceted approach is necessary to understand the complex causes of the Great Depression.
What else can I help you with?
How did most Americans view the democratic system during the Great Depression?
they feared it would make things worse
What was Herbert hoover's view of the government and Americans during the Great Depression?
People felt hurt and defended and would not agree with him because he was not doing right for American
What years did the great depression go through?
In the US it began in 1929 with the stock market crash and ended sometime between 1936 and 1942 (depending on what sources you look at). In Germany the depression began in 1919 and ended in 1933. It propagated from Germany to the rest of the world. In different countries it arrived at different times.
What was Franklin d roosevelt belief about the governments role during the great depression?
Franklin Delano Roosevelt had an opposing view of his predecessor, Herbert Hoover, which was for more government involvement.
Which is not a common historical view of the New Deal?
The New Deal was implemented between 1933 and 1936 to help the United States out of the Great Depression. Because the New Deal is now considered to be very effective, a not-so-common view of the New Deal would be that it was a bad decision.
How did communists view the Great Depression?
An opportunity, they see it as something that allows them to take more control.
How did most Americans view the democratic system during the Great Depression?
they feared it would make things worse
Why was the nations economy sick in the late 1920?
It was the start of the great depression. More people lived in the streets then in actual homes, the prosperous beginnings of America where coming to an end. The great depression had a lasting effect on how Americans view themselves and there government.
What was Herbert hoover's view of the government and Americans during the Great Depression?
People felt hurt and defended and would not agree with him because he was not doing right for American
What years did the great depression go through?
In the US it began in 1929 with the stock market crash and ended sometime between 1936 and 1942 (depending on what sources you look at). In Germany the depression began in 1919 and ended in 1933. It propagated from Germany to the rest of the world. In different countries it arrived at different times.
What was Franklin d roosevelt belief about the governments role during the great depression?
Franklin Delano Roosevelt had an opposing view of his predecessor, Herbert Hoover, which was for more government involvement.
How did great depression change peoples view about government?
The Great Depression caused people to look for the government to provide a basic safety net in times of economic downturn. People also wanted to see some form of a subsistence level of help from the government for those in the lowest tier of society.
What is Aaron Beck's view of depression?
beck developed the concept of the negative triad
Which is not a common historical view of the New Deal?
The New Deal was implemented between 1933 and 1936 to help the United States out of the Great Depression. Because the New Deal is now considered to be very effective, a not-so-common view of the New Deal would be that it was a bad decision.
Which group was most likely to view the bank of the US as an economic monopoly controlled by aristocrats?
The very poor or middle class were more likely to view banks in the United States as economic monopolies controlled by aristocrats. During the Great Depression, many banks closed and were not trusted by the average citizen.
How to help a teen suffering from depression?
If you want to know everything about teens suffer from depression (and how to help them) try reading this article which you can view at here (http://www.helpguide.org/mental/depression_teen.htm)
The stock market crash brought on the greatest and deepest depression in history?
Yes, you could say that. That is also the reason why it is called 'the GREAT Depression'. In society this had a great impact on people (lifestyle: how to spend money etc.). People were literally depressed. However, you could also argue that this is not true by stating the question of what 'a depression' actually is. (?) So it really depends on how people interpret things and so form a certain view towards issues. If speaking in financial terms I can tell you with 100% confidence that the stock market crash reall brough yhe greatest and deepest depression in finance / economic history of the world.
