Causes of the Great Depression Graphic Organizer Form
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People also ask
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What three factors contributed to Great Depression?
The causes of the Great Depression included the stock market crash of 1929, bank failures, and a drought that lasted throughout the 1930s. During this time, the nation faced high unemployment, people lost their homes and possessions, and nearly half of American banks closed. -
What caused the Great Depression lesson?
Why did it occur? The Great Depression of the 1930s began with falling demand for durable and investment goods in mid-1929, followed by a slowdown in business activity. The stock market crash of October1929 reduced the assets held by many investors and consequently their willingness and ability to buy. -
What are the 5 causes of the Great Depression?
Among the suggested causes of the Great Depression are: the stock market crash of 1929; the collapse of world trade due to the Smoot-Hawley Tariff; government policies; bank failures and panics; and the collapse of the money supply. -
What are the effects of Great Depression?
How Bad Was the Great Depression? Gauging the Economic Impact Real GDP fell 29% from 1929 to 1933. The unemployment rate signNowed a peak of 25% in 1933. Consumer prices fell 25%; wholesale prices plummeted 32%. Some 7,000 banks, nearly a third of the banking system, failed between 1930 and 1933.
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