30,31,32,& 33 . What are CAUSES of the Great Depression?(at least 4)

The Great Depression was caused by a combination of factors, including:<br /><br />1. **Stock Market Crash of 1929**: The dramatic decline in stock prices led to a loss of wealth and consumer confidence, which reduced spending and investment.<br /><br />2. **Bank Failures**: Many banks failed due to the inability to recover loans, leading to a reduction in available credit and further economic contraction.<br /><br />3. **Reduction in Consumer Spending**: As people lost their jobs and savings, consumer spending decreased significantly, leading to lower production and more layoffs.<br /><br />4. **High Tariffs and Trade Barriers**: Policies like the Smoot-Hawley Tariff imposed high taxes on imports, leading to a decrease in international trade and worsening the global economic situation.<br /><br />These factors, among others, contributed to the severity and duration of the Great Depression.