The depression introduced inflation to a degree in Germany that Adolf Hitler became a viable alternative to the existing government.
Some contend that the Treaty of Versailles and the numerous irrational mandates it contained were the cause of the War. Still many contend that for Europe WWII was merely an extension of WWI.
The worst depression in recorded history would be the 1929 Wall Street Crash followed by the Great Depression of the 1930s. The United States for example only really recovered from the Crash because of armament productions in World War 2.
Wall Street crash that marked the beginning of the Great Depression
The Wall Street Crash of 1929 primarily affected the United States, as it originated on the New York Stock Exchange. However, its repercussions were felt globally, leading to economic downturns in multiple countries, including Canada, the United Kingdom, Germany, and France. The interconnectedness of international economies at the time meant that the crash contributed to the onset of the Great Depression, impacting economies worldwide.
1929
The Wall Street Crash of 1929 primarily affected the United States, where it originated, but its repercussions were felt globally. Countries such as Germany, the United Kingdom, and France experienced severe economic downturns as a result of the U.S. stock market collapse. The interconnectedness of the global economy meant that the crash contributed to the Great Depression, impacting economies worldwide and leading to widespread unemployment and social unrest in many nations.
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 main cause to the start of the great depression was the Wall Street Crash in 1929.
The main cause to the start of the great depression was the Wall Street Crash in 1929.
The Wall Street Stock Market crash of 1929.
The worst depression in recorded history would be the 1929 Wall Street Crash followed by the Great Depression of the 1930s. The United States for example only really recovered from the Crash because of armament productions in World War 2.
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No, The Great Depression was caused by the Wall Street stock market crash in 1929. Pearl Harbor happened in 1941, and caused America to declare war on Japan.
The Stock Market Crash of 1929 did not cause the Great Depression, it just signaled the start of the Depression. The Stock Market had continued to climb during the Twenties, but the economic problems that accumulated over the decade and were not recognized by the majority of economist and stock brokers, eventually caused the price of stocks and the confidence in the economy to crash.
there is no main cause, all causes are equal for without one cause then the crash wouldn't have happened. for example with out over production there would have been no crash at all and without a panic reaction, there wouldn't have been a crash at the end, it would have all corrected itself out over time.