Causes of The Great Depression

3 ANSWERS

1. Guest9730
   

   Just like the world recession recently faced by a common man it was a recession faced by Americans between 1929 and 1933. Just imagine of a rich economy doomed at once. What else could be the better reason for great depression!

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2. Guest9024
   

   Well, it was actually the economic downturn in which the investments ceased, employment opportunities got stopped, companies started lying off people and so all these brought the great depression.

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3. Guest7609
   

   A number of causes led to a loss of confidence in the American economy between 1929 and 1933. This loss of confidence led to the great depression. A number of factors conspired to take the United States economy into a terrible depression in the 1930's. The actual reason for the depression was a general loss of confidence in the American economy. The reason it got so bad was a general misunderstanding of recessions by American policy-makers of the time.

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