Many factors played a lineament in causing the Great picture. A major pillow slip of the Great clinical depression was the combination of the greatly unequal dispersal of wealth throughout the 1920s. Another factor was the extensive nervous strain commercialize speculation by investors that took place during the latter vocalization of that same decade which led to the panic on the farm animal market and the crash now called Black Thursday. The Great Depression was the most terrible and longest economical collapse of the industrial world, continuing from the end of 1929 until early 1939. The main causes for the Great Depression were a combination of unequally distri stilled wealth, the stock market crash, and over production of goods. This essay will outline these three causes and how they helped to open to the Great Depression.
The United States had a rapid economic growth right after the war. The economic transcription was growing outrageously without having the proper control of the government. The big industries were roaring and approximately 31% of the wealth of the United States was in the give of only 1% of the citizens (Socyberty, 2007). The difference of the wealth of the American commonwealth shaped an unsound economy. Money was dispersed very otherwise between the rich and the middle-class, between industry and agriculture indoors the United States, and between the United States and Europe (Kutler, 2003).
The unequal distribution of wealth existed on many levels. This imbalance of wealth created an shaky economy. The excessive speculations kept the stock market artificially high, but eventually lead to large market crashes. These market crashes, unite with the unequal distribution of wealth, and bank failures, caused the American economy to collapse.
Billions of dollars were invested in the stock market as people began speculating on the rising stock prices and purchase on margin. The...
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