Question

explain the causes of great depression
​

Answer 1

Hey mate .....

Here's your answer....

Property and land prices collapsing after a property boom, causing investors to lose money. Too many people speculating on the stock market to try and make money quickly. Black Tuesday – the stock market crash that happened on October 29, 1929 is considered to be one of the main causes of the depression.

Hope this will be helpful to you mate......

Answer 2

It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.

Hope it helps you dear.....xd