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The Great Depression began primarily due to the Stock Market crash of October 1929, which eroded consumer and business confidence. This financial collapse was exacerbated by overproduction, high tariffs, and a banking crisis that led to widespread bank failures. The resulting decline in consumer spending and investment triggered massive unemployment and a severe contraction of the economy. Additionally, international factors, such as war debts and trade imbalances, further deepened the crisis.
What else can I help you with?
What bis the nickname for the day that began the Great Depression?
The day that began the Great Depression has been called Black Friday.
What was the main reason why Australia's economy collapsed right before the Great Depression began?
The government made poor decisions.
What were 3 main reasons of the great depression?
One main reason the Great Depression ended is because World War II came to an end. The Great Depression began in 1929.
Where did the Great Depression started in America?
=The great depression started in Colonial America and began in 1930-1940.=
As farms began to decline in the 1920's what historical period began?
Great Depression
What bis the nickname for the day that began the Great Depression?
The day that began the Great Depression has been called Black Friday.
What is one reason the Great Depression began?
Too much speculation
When did the Great Depression began?
its began in 1929 and ended about in 1939
What was the main reason why Australia's economy collapsed right before the Great Depression began?
The government made poor decisions.
Who was president when the Great Depression was over?
Franklin Roosevelt was president when the great depression ended and the great war began.
What year was the great deppresion?
The Great Depression began in 1929.
Where did the great depression began?
spain ..... are usure
What were 3 main reasons of the great depression?
One main reason the Great Depression ended is because World War II came to an end. The Great Depression began in 1929.
Where did the Great Depression started in America?
=The great depression started in Colonial America and began in 1930-1940.=
Which is a reason why World War 2 ended the Great Depression?
New job opportunities opened as the U.S. began to produce war products
In 1929 what crashed and began what?
The stock market crashed and the Great Depression began.
Who was the president in power during the Great Depression?
Herbert Hoover was President when the Great Depression began. Franklin Roosevelt was President when the Depression ended.
