Question

Factors responsible for great depression in america

Answer 1

1. The mass migration took place in major cities of USA and there was a rapid rise in crime rate, alcoholism and suicide as unemployed workers restored to theft for food and survival, alcohol and suicide to escape from the despair.
2. Education system saw decrease in enrolments,demographic system was also affected.Marriages were delayed, birth rates and divorce rate dropped.
3. Banks ran out of money,people became homeless, farmers sold less produce, increasing unemployment and borrowers defaulted on payments were the other major issues.

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Answer 2

hey dearie! here is your answer..

Factors responsible for great depression in America:-

*German investments and industrial recovery were totally dependent on short term loans largely from USA.

*But, the Wall Street Exchange crashed in 1929.On one single day 13million shares were sold.
This is where the Great Economic Depression started.

*economy of USA fell by half..and this Great Economic Depression continued from 1929 and 1932.


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