Question

explain the cause of great depression movement​

Answer 1

Answer:

They argued that the Great Depression was caused by the banking crisis that caused one-third of all banks to vanish, a reduction of bank shareholder wealth and more importantly monetary contraction of 35%, which they called "The Great Contraction". This caused a price drop of 33% (deflation).

--------------------------------------------------------------------------------------------------------------

thank u  

kindly give Brainliest answer tag

for any query please visit profile  

@kingabuzar77

Answer 2

Answer:

Other causes of the Great Depression included the overproduction of consumer goods followed by a fall in demand, bank weaknesses and bank closures, lack of credit, bankruptcies, unequal distribution of wealth, government policies, loss of exports and failures by the Federal Reserve.