What is the cause of the great depression

Question

Tiana Dickson

History

21 May, 06:18

What is the cause of the great depression

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Answers (2)

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Rosie · Answer 1

Nine thousand banks failed during the months following the stock market crash of 1929. 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.

Luz Chandler · Answer 2

Spending to much on World War I and World War II and Banks failing