What is the cause of the great depression

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History

Harper Baldwin

5 September, 04:12

What is the cause of the great depression

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Answers (2)

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Alec Carson · Answer 1

Nine thousand banks failed during the months following the stock market crash of 1929. 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.

Makena French · Answer 2

Spending to much on World War I and World War II and Banks failing