Question

explain any five causes of the Great Depression in US between 1929 to 1932

Answer 1

it is time after firstworld war germany damage and destroyed many thing in world and japan also . so all who include in first world war is gone in depression

Answer 2

1. Agricultural over production was a problem. As prices slumped, rotting of farm produce also held.

2. US then given loans to many counties.

3. Financial crisis led to panic if US overseas lenders.

4. Banks were bankrupt and were forced to close down in US and Europe as they were unable to recover their investment.

5. All loans were stopped by American capitalists.