Pagina de inicio
/
Historia
/
1. Which economic cause do you think had the biggest impact on the Great Depression? Explain why.

Problemas

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

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

Solución

avatar
Cristinaélite · Tutor durante 8 años
expert verifiedVerificación de expertos
4.4 (149 votos)

Responder

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.
Haz clic para calificar: