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2 years ago

What were three causes of the Great Depression?

History

2 answers:

Masja [62]2 years ago

6 0

Answer:

Bankrupt farmers caused small banks to go under.

Underproduction of goods caused companies to fold.

Foreign countries reneged on paying back war debts.

The Great Depression was an economic depression, the worst one in the history of the industrialized world. It lasted from 1929 until the late 1930s. It began with the stock market crash of October 1929 in the United States, but its consequences were felt in many countries.

The Great Depression was not caused by Americans living under the poverty line. Instead, this was a consequence of it. Moreover, it was not due to credit cards, as credit cards as we know them now only began to be used in the late 1950s.

xz_007 [3.2K]2 years ago

4 0

I would say it's:
"Bankrupt farmers caused small banks to go under."
"Underproduction of goods caused companies to fold."
and "Many Americans were still living below the poverty line."
If I'm wrong, let me know :^)

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3 years ago

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3 years ago

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notka56 [123]

The Industrial Revolution can be understood as global rather than simply European phenomenon in following ways:

• The Industrial Revolution rapidly spread beyond Europe and easily adopted

Europe's initial industrialization across cultures.

• The Industrial Revolution began with the colonies-extracting raw materials from the Americas and its dominance in the growing market of goods in the America.

• Latin America's economy was defined by exports of raw materials to supply the factories and the workforce of industrial countries.

Explanation:

The Industrial Revolution was started in the year of 1760. During Industrial Revolution the production of goods were transited from small shops and homes to large factories. This led people to move from rural areas to big cities in order to work.

After Industrial Revolution, Worker Safety Laws were passed to ensure that the working environment is safety for workers and also to ensure the quality improvement of life of poor workers. Worker safety law helps to reduce the risk of mishaps and sicknesses of workers in the workplace.

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