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The four causes of The Great Depression were: D- Distribution of Income (was unequal) E- Economy (Huge BOOM so there had to be a huge bust) E- Easy Credit (Anyone can buy on credit...no money was being circulated. All I Owe you's) M- Mechanization (Machines were taking over the jobs of people)
A cause that started the Great Depression was the crash of stock markets.
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TaigaThere was no single one cause of the Great Depression. Actually there were multiple causes that lead up to the Great Depression. First of all there were major bank failures in the United States as well as the Stock Market Crash which led to a wide scale loss of consumer confidence and the reduction in consumer spending. The Federal Reserved made mistakes as well as the decrease in the money supply.
One of the causes of the Great Depression was World War 1. This completely messed up the industries which in turn affected production and this resulted into an economic crisis.
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What was the main cause to the start of the Great Depression?
The main cause to the start of the great depression was the Wall Street Crash in 1929.
Did the great depression cause loneliness?
yes
When did the Great Depression occur name one cause of the Great Depression?
The Great Depression started in October 1929 when the New York Stock Exchange crashed and everyone was poor instantly. Another cause of the Great Depression was over-farming in the Midwest which caused huge dust storms that ravaged crops.
How did automation cause the Great Depression?
What did the Great Depression effect? What was the effect of the Great Depression?
Which was a direct cause of the Great Depression?
the stock market crash
