The Stock Market crash, structural weakness of the economy, overproduction, misdistribution of wealth and an international crisis contributed to the Great Depression in the United States.
Woody Guthrie lived through the Great Depression and wrote songs about it.
People could afford to buy as many goods during the depression, and thus there was a much lower demand in relation to the supply of goods that was provided. This led to an overproduction of goods--too many were produced in relation to the amount that was demanded.
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).
It was a cause of the depression, and probable the recession but I'm not sure
It happenes during the Great Depression.
The Stock Market crash, structural weakness of the economy, overproduction, misdistribution of wealth and an international crisis contributed to the Great Depression in the United States.
The Stock Market crash, structural weakness of the economy, overproduction, misdistribution of wealth and an international crisis contributed to the Great Depression in the United States.
he didn't necessarily have a response to overproduction. overproduction was just one of the many causes of the depression itself.
Woody Guthrie lived through the Great Depression and wrote songs about it.
People could afford to buy as many goods during the depression, and thus there was a much lower demand in relation to the supply of goods that was provided. This led to an overproduction of goods--too many were produced in relation to the amount that was demanded.
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).
no there were many other long term cause which helped cause the great depression. the wall street crash was a cataylst that sped up the depression. if the wall street crash never happened the long term cause would have cause the depression on their own eg overproduction, tariffs etc
The great depression of the 1930's influenced the power and alliances of the nations involved in WW2.
It was a cause of the depression, and probable the recession but I'm not sure
The Great Depression refers to the economic downfall that took place before and during World War II. This was due to a severe lack of jobs and the crash of the stock market
the great depression appeared to disprove the classical theory that demand and supply could return to a healthy equilibrium through market forces alone