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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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