Causes of The Great picture Causes of The Great Depression The Great Depression was the worst economic slump ever in U.S. history, and peerless which spread to virtually all of the industrialized world. The depression began in late 1929 and lasted for about a decade. Many factors played a role in bringing about the depression; however, the master(prenominal) cause for the Great Depression was the combination of the greatly uneven distri exactlyion of moneyedes throughout the 1920s, and the extensive stock trade speculation that took place during the latter part that same decade. The maldistribution of wealth in the 1920s existed on many levels.
Money was distributed disparately in the midst of the rich and the middle-class, between industry and agriculture within the United States, and between the U.S. and Europe. This imbalance of wealth created an unstable economy. The excessive speculation in the late 1920s kept the stock market artificially high, but eventually lead to large ...If you want to get a full essay, order it on our website: Orderessay
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