What led to the Great Depression was the lack of consumer demand, which caused overproduction. When people stopped buying things, the economy took a further downturn in the US and worldwide.
Causes:
Supply increased and Demand decreased causing a slowing of cash flow
Stock Market value dropped significantly
6 bits. or 1/3 of a buggywhip. Thanks for bringing up the Depression btw.
1. Easy Credit 2. Lack of Financial Regulations 3. Dependence on U.S Economy 4. Dependence on export market 5. Decrease in demand for Canadian exports 6. Isolationist economies
The unemployment rate in the United States in 1932 was about 23. 6 percent. It was the height of the Great Depression.
The Great Depression affected Europe in many ways because it began a decade of high unemployment rates, poverty, and lost opportunities for personal advancement and economic growth.
Most people think that the Stock Market Crash of 1929 triggered The Great Depression. Many other factors contributed to triggering The Great Depression, including drought, Europe's slow recovery from World War I, reduction in purchasing, and more.
It Is Written - 1956 Depression and Its Causes was released on: USA: 6 November 2011
The Great Depression - 1993 To Be Somebody 1-6 was released on: USA: 1993
they were in the great depression...
they were 3 to 6 or 5
1/6 people were poor/unemployed during the great drepression.
6 bits. or 1/3 of a buggywhip. Thanks for bringing up the Depression btw.
6 months and like 13-15 days
1. Easy Credit 2. Lack of Financial Regulations 3. Dependence on U.S Economy 4. Dependence on export market 5. Decrease in demand for Canadian exports 6. Isolationist economies
The unemployment rate in the United States in 1932 was about 23. 6 percent. It was the height of the Great Depression.
The 6 MAIN causes... Militarism Alliances Assasination of Franz Ferdinand Industrialism Imperialism Nationalism
The Great Depression affected Europe in many ways because it began a decade of high unemployment rates, poverty, and lost opportunities for personal advancement and economic growth.
Back then. Most people used newspapers as blankets, often called Hoover Blankets. Most people couldn't even afford milk and other simple things. On a scale from 1 - 10(1 being the worst), the Great Depression scaled possibly a 1, and our current economic state, about a 6.