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1. Which economic cause do you think had the biggest impact on the Great Depression? Explain why.

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Cristina élite · Tutor durante 8 años
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Respuesta

The economic cause that had the biggest impact on the Great Depression was the stock market crash of 1929. The crash led to a loss of confidence in the economy, which resulted in a decrease in consumer spending and investment. This, in turn, led to a decrease in production and an increase in unemployment, which further decreased consumer spending and investment. The stock market crash was the trigger that set off a chain reaction of economic decline, which led to the Great Depression.