They are 4 big causes of the great depression:
1-The overproduction: U.S.A produce a lot of textiles, cars, medicines and weapons. This products were useless after the First War World.
2-Stock Market: The shares of wall street have low prices.
3-Banking Crisis: All the people were taking out there money of the banks, the banks don't have the capacity to give the money to the people thats why they broke.
4-Unemployment: The unemployment waas of a 30%.
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Hace 16 años
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The Great depresion. We need to learn about this historical moment in order to understand and get through the actual economical crisis.
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