What Caused the Great Depression Answer Key
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 Year's...
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.
What were the 5 main causes of the Great Depression?
- The Roaring 20’s. …
- Ensuing Global Crisis. …
- The Stock Market Crash. …
- The Dust Bowl. …
- The Smoot-Hawley Tariff Act.
What were 4 main causes of the Great Depression quizlet?
- #1. Stock Market Crash. -Throughout the 1920s, people invested in the stock market in hopes of making money. …
- #2. Banking Crisis. -People deposit money in banks for safe-keeping. …
- #3. Overproduction. -Industry thrived in the 1920s because of mass production. …
- #4. Under-consumption.
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