Economy, asked by adhira14, 9 months ago

what truly caused the great depression ..? itz a ques of economy​

Answers

Answered by Aritra160816
1

Explanation:

The specific economic events that took place during the Great Depression are well established. ... The demand-driven theories argue that the financial crisis following the 1929 crash led to a sudden and persistent reduction in consumption and investment spending, causing the depression that followed.

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Answered by answerableman
1

Explanation:

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.

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