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What are the causes of the Great Depression?

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User Rurouni
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2 Answers

4 votes

Answer:

The stock market crash of 1929.

Banking panics and monetary contraction.

The gold standard.

Decreased international lending and tariffs.

Step-by-step explanation:

Hope this helps :)

answered
User Gadu
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2 votes

It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.

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User Thriqon
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