The causes and the impact of the 'great depression'. S in easy language
Answers
Explanation:
Depression is likely to strike many people to some degree in their lifetime. According to the Centers for Disease Control and Prevention, 9.1 percent of people reported current major or minor depression. If you or someone you know is depressed, it can cause a marked drop in interest in pursuing life to the fullest, and can, unfortunately, drive a person to attempt suicide if left untreated. Help is available; call our hotline at to learn how to break the cycle of depression.
Centers for Disease Control and Prevention, 9.1 percent of people reported current major or minor depression. If you or someone you know is depressed, it can cause a marked drop in interest in pursuing life to the fullest, and can, unfortunately, drive a person to attempt suicide if left untreated. Help is available; call our hotline at to learn how to break the cycle of depression.
What Are the Types of Depressive Disorders?
Depression isn’t a single disorder, but rather a class of conditions separated by severity and duration. However, common factors exist among all types.
Major Depressive Disorder
Major depressive disorder occurs when the person has feelings of sadness, hopelessness, or anger that persist over a period of weeks and interfere with daily life. It can lead to suicide in severe cases.
Chronic Depression/Dysthymia
From the Greek for “poor mood,” dysthymia is characterized by a persistently sad disposition, as though the person is always in a bad mood. The symptoms last longer than with major depression, but they are not as severe.
Causes of the Great Depression
- The stock market crash of 1929. During the 1920s the U.S. stock market underwent a historic expansion.
- Banking panics and monetary contraction.
- The gold standard.
- Decreased international lending and tariffs.
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