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Varvara68 [4.7K]
2 years ago
13

What do most people believe led to the Great Depression?

History
2 answers:
Lyrx [107]2 years ago
4 0

Answer:

Stock Market crash of October 1929

Drought Conditions

Bank Failure.... Just name a few

Explanation:

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.

It is said that the primary blame to the Great Depression was the U.S. and French governments.

Hope that helps

Verizon [17]2 years ago
3 0

Answer:

here

Explanation:

The stock market crash of 1929 touched off a chain of events that plunged the United States into its longest, deepest economic crisis of its history. It is far too simplistic to view the stock market crash as the single cause of the Great Depression. A healthy economy can recover from such a contraction.

so pretty much it was mostly that the stock market crashed and people lost a lot of money and their jobs

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In order to help the student expand his/her knowledge I will help answer the question. This in hope that the student will get a piece of knowledge that will help him through his homework or future tests.

The answer to your following question: According to Herbert Hoover, What would best help those devastated by the Great Depression?

It would be the voluntarism of individual and private charities. Herbert tried to stop workers from getting laid off or getting cut wages during this great depression. His ideal was for the people to rule over themselves through voluntary cooperation.

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