Question

1. Identify and explain two major causes and two major effects of the Great Depression.

Answer 1

Answer:

Cause: Stock Market Crash = People lost jobs and stocks in the market

Cause: Bank Failures = People have no money, no food, and no clothing

Answer 2

The stock market crash of 1929 touched off a chain of events that plunged the United States into its longest, deepest economic crisis of its history. It is far too simplistic to view the stock market crash as the single cause of the Great Depression. A healthy economy can recover from such a contraction.


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