Question

what were the causes of great depression? (in simple words )

Answer 1

The causes of theGreat Depression in the early 20th century are a matter of active debate among economists, and are part of the larger debate about economic crisis, although the common belief is that the Great Depression was triggered by the 1929 crash of the stock market.

Answer 2

Few causes of the Great Depression were:

Post world war, the global economy was weak.

Most of the European countries took loans from the US. When the number of loans was decreased, the countries which were economically dependent on US loans faced an acute crisis.

Agricultural over-production which was not compatible to demand in the market.