Question

Explain the causes of the Great Depression .of 1830

Answer 1

Answer:

REASONS WERE :-

1. Ensuing Global Crisis.

2. The Stock Market Crash.

3. The Dust Bowl.

4. The Smoot-Hawley Tariff Act.

5. The Roaring 20's.

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.

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