Question

explain about great depression

Answer 1

great depression occured in 1929 and ended nearly in 1939....during great depression stock markets of USA collapsed....nearly 25%of the Americans lost their employment...most of the countries suffered...but the only country escaped from great depression is USSR due to its planned economy

Answer 2

The Great Depression began around 1929 and lasted till the mid-1930's. the depression was caused by a combination of several factors.

First was the Agricultural Overproduction remained a problem. As Prices Slumped and agricultural incomes declined, farmers tried to expand production and try to bring a larger number of produce to the market to maintain their overall income.  

Second Was the Loans. US had a high Financial money about $ 1 Billion.US started giving loans to differ countries like China , Japan etc. When US was giving loan they did'nt take care of how much money is loosing from US. Due to which US lost all the money and  was helpless. At That movement US decided to Ask to repay the loan back. the other countries were not able to give money because of this US Was in Depression.

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