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The Causes of the Great Depression

The cause of the Great Depression has been debated for many years. The actual cause of the Great Depression is a multitude of factors, there was no single cause. Several reasons for the Great Depression were supply and demand, the banking system, wages of workers, success and failure of business, government policy, excessive speculation in the stock market and the unequal distribution of wealth between the rich and the middle class. While there are many theories to what caused the Great Depression; all of these factors played a role in the Great Depression.

The European nations industry had been devastated during the war and they relied on the United States for most goods. The American industry increased production during the war to meet the demand but over production after the war hurt the American industry and agriculture. The United States industry was producing more than the people were buying. The American farmers were......

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Approximate Word Count: 1205
Approximate Pages: 5 (250 words per double-spaced page)

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