Question

Explain the major factors responsible for the great depression

Answer 1

Factors responsible for great depression are:
1.Stock market crash of 1929
2.Bank failures
3.Reduction in purchasing across the board
4.American economic policy with Europe
5.Drought conditions

Hope it would help u

Answer 2

Answer:

The stock market crash of 1929 touched off a chain of events that plunged the United States into its longest, deepest economic crisis of its history. It is far too simplistic to view the stock market crash as the single cause of the Great Depression. A healthy economy can recover from such a contraction