There were several major causes of the Great Depression in the United States. Among them were:
1. Unequal distribution of wealth. There was not a large middle class. While wages were rising for the majority of workers, they were not keeping pace with the increase in the cost of living or the wealth in the hands of the industrialists and others in the upper income classes.
2. There was over speculation in the Stock Market, which was not regulated. Many Americans purchased stock on credit. This was known as margin buying.
3. Increased manufacturing and agricultural output, but wages that did not keep pace for the consumers to purchase all that was produced or grown. Hence, inventories increased and agricultural income remained low.
4. Buying on credit, known in the 1920s as installment buying. People purchased things like refrigerators on time, and did not have money to pay for the product in the future, when the bills became due.
There are actually six: Unequal distribution of wealth, over-production of goods and services, dept fueled the growth of business and along with that individual people were also taking out loans, drought and grass hoppers destroyed many farms in western North America, international tariffs and government inaction.
Heyy we just learned this in History
There were several major causes of the Great Depression in the United States. 1. Unequal distribution of wealth. There was not a large middle class. While wages were rising for the majority of workers, they were not keeping pace with the increase in the cost of living or the wealth in the hands of the industrialists and others in the upper income classes. 2. There was over speculation in the Stock Market, which was not regulated.Many Americans purchased stock on credit. This was known as margin buying. 3. Increased manufacturing and agricultural output, but wages that did not keep pace for the consumers to purchase all that was produced or grown. Hence, inventories increased and agricultural income remained low. 4. Buying on credit, known in the 1920s as installment buying. People purchased things like refrigerators on time, and did not have money to pay for the product in the future, when the bills became due. 5. Federal regulations on businesses also contributed to the cause. Especially favorable to the large corporations were the taxes laws which were written to encourage business expansion. 6. Banks were permitted to speculate in land and the stock market with little government regulations. 7. High tariffs and war debts helped spread the depression world wide. 8. The Stock Market Crash of 1929 signaled the beginning of the Great Depression.
yes there are MANY
The Great Depression was caused by a large amount of environmental factors that proved to be to much to handle at the time. The top causes of the Great Depression are: the stock market's crash, World War I, and the changes within the United States's political power.
Although the causes are still debated to this day; typically most people date the Depression to the October, 1929 stock market crash.
overspeculation, expansion of credit, debt, high tariffs
The immediate cause of the Great Depression was the stock market crash of 1929, also known as Black Tuesday.
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Obama
The dustbowl is a nickname for the Midwest during the great depression. I is one factor that causes the great depression because of the shortage of food.
yes there are MANY
Great Depression
The Great Depression was caused by a large amount of environmental factors that proved to be to much to handle at the time. The top causes of the Great Depression are: the stock market's crash, World War I, and the changes within the United States's political power.
The most popular belief of the cause of the Great Depression is the stock market crash of 1929. Economist still debate about the other causes. Excess speculation in the stock markets added to the causes of the depression.
the cause what not enough chesse in germany
There were several things that culminated in the Great Depression. Primary among them are the Stock Market crash of 1929 and the unequal distribution of wealth.
what caused world war1 is the great depression
Although the causes are still debated to this day; typically most people date the Depression to the October, 1929 stock market crash.
overspeculation, expansion of credit, debt, high tariffs