History, asked by malladiganesh8675, 10 months ago

Evaluate the causes of great depression? Please answer it

Answers

Answered by Answers9999999
0

Answer:

  • The US stock market crash of 1929
  • in fear of the fall of prices of the market people sold 3 mollion

        shares in one day

  • this led to the great economic depression  ,factories were shut  and people were in trouble
  • this hit german economy badly
  • there was no employment
  • people were roaming on the street asking for jobs
  • there was economic crisis all around

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Answered by ItzIshu
2

Causes of the Great Depression

  • The stock market crash of 1929. During the 1920s the U.S. stock market underwent a historic expansion.
  • Banking panics and monetary contraction.
  • The gold standard.
  • Decreased international lending and tariffs.

Hope it helps you dear.....xd

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