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Explain the causes of the Great Depression.

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Increase level of serotonin and other couse hormonal and environmental with poor family relationships and poor financial condition ,overstress about future adjustable problem , worthlessness , etc
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The Great Depression lasted from 1929 to 1939 and was the worst economic depression in the history of the United States. Economists and historians point to the stock market crash of October 24, 1929, as the start of the downturn. But the truth is that many things caused the Great Depression, not just...
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The Great Depression lasted from 1929 to 1939 and was the worst economic depression in the history of the United States. Economists and historians point to the stock market crash of October 24, 1929, as the start of the downturn. But the truth is that many things caused the Great Depression, not just one single event.

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The causes of the Great Depression were: (i) Conditions created by war There was an immense industrial expansion due to the increased demand of goods supplied to the army, during the period of the First World War. After the war, the demand for these goods suddenly dropped and so, there was no demand...
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The causes of the Great Depression were:

(i) Conditions created by war There was an immense industrial expansion due to the increased demand of goods supplied to the army, during the period of the First World War. After the war, the demand for these goods suddenly dropped and so, there was no demand in many industries. There was also a large fall in the agricultural prices due to reduced demand.

(ii) Over production in agriculture Agricultural over production was another major factor responsible for the depression. This was made worse by falling agricultural prices. As prices slumped and agricultural incomes declined, the farmers tried to increase the production and bring a larger volume of produce to the market to maintain their overall income. This worsened the situation by pushing down the prices of farm produce further.

(iii) Shortage of loans In the mid-1920s, many countries financed their investments through loans from the USA. While it was often very easy to raise loans in the USA during the boom period, lenders in the USA panicked at the first sign of trouble. Countries that depend crucially on US loans, now faced an acute crisis.

(iv) Multiple effect With the fall in prices and the prospect of a depression i.e. banks in the USA slashed domestic lending and some stopped bank loans, thousands of banks went bankrupt and were forced to close down. Factories closed, leading to unemployment, which further aggravated the crises. The US banking system collapsed.

(v) Large-scale unemployment Farm could not sell their harvests, businesses collapsed. As a result, large scale unemployment occurred.

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The causes of the Great Depression were 1) This type of condition created by war, there was an industrial expansion due to the increased demand for goods supplied to the defence army, during the first world the war. After the war was stopped and suddenly dropped these goods demand so, no new demand comes....
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The causes of the Great Depression were

1) This type of condition created by war, there was an industrial expansion due to the increased demand for goods supplied to the defence army, during the first world the war. After the war was stopped and suddenly dropped these goods demand so, no new demand comes. This is the reason for a large amount of fall in industrial prices and reduced demand for goods.

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