Which action most contributed to an international economic crisis during the early years of the Great Depression?.

1 answer:

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The action that contributed to the international economic crisis during the great depression is the United States stock market lost a great deal of its value.

<h3>The economic crisis and the action:</h3>

The "Roaring Twenties," as the century was known in the United States, was a time of enthusiastic economic and social growth.

When the stock market crashed in October 1929, the era came to an end in a dramatic and abrupt manner, ushering in America's Great Depression of the 1930s.

The following years were marked by economic turmoil, with the US economy contracting by more than 36% from 1929 to 1933, as measured by Gross Domestic Product (GDP).

Many American banks failed, causing customers to lose their savings, while the unemployment rate in the United States soared to over 25% as workers lost their jobs.

Learn more about the economic crisis here:

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