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WINSTONCH [101]
2 years ago
6

What were the causes of the Great Depression? How did the events of the 1920'Use the acronym S.C.R.E.W.E.D to help answer the qu

estion. You must write about each cause.
History
1 answer:
lisov135 [29]2 years ago
7 0

The correct answer to this question is the following.

Unfortunately, you did not include the meaning of the acronym to help you answer in that terms.

However, trying to help you, we can comment on some causes of the Great Depression so you can use them to put them in your acronym.

The main causes of the United States Great Depression were the following.

During the 1920s, the American people were living a period of economic prosperity known as the "Roaring 1920s." During this period, people buy all kinds of things, needed or not. They bought houses, cars, electro domestics, and more. However, most of these purchases were made on credit, generating a big debt. Another cause was the overproduction of goods. Then, the inaction on the part of the federal government to prevent or regulate these conditions.

The major cause that detonated the Great Depression was the United States Stock market crash of October 29, 1929. After this crash millions of Americans lost their jobs, banks declared bankruptcy, and thousands of companies broke.

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