What Caused Overproduction What Were The Effects Of Overproduction? A main cause of the Great Depression was overproduction. Factories and farms were producing more goods than the people could afford to buy. As a result, prices fell, factories closed and workers were laid off. … Poor banking practices were another cause of the depression. What
How Did Different Countries Respond To The Great Depression? One response to the depression was military dictatorship–a response that could be found in Argentina and in many countries in Central America. Western industrialized countries cut back sharply on the purchase of raw materials and other commodities. How did Europe react to the Great Depression? A
What Were The Major Causes Of The Great Depression? The stock market crash of 1929. During the 1920s the U.S. stock market underwent a historic expansion. … Banking panics and monetary contraction. … The gold standard. … Decreased international lending and tariffs. What were the 3 main causes of the Great Depression? The causes of
Which Was Not The Cause Of The Great Depression? Drought Conditions – While not a direct cause of the Great Depression, the drought that occurred in the Mississippi Valley in 1930 was of such proportions that many could not even pay their taxes or other debts and had to sell their farms for no profit
How Did Both Political And Economic Factors Lead To The Great Depression? The Great Depression was a global economic crisis that may have been triggered by political decisions including war reparations post-World War I, protectionism such as the imposition of congressional tariffs on European goods or by speculation that caused the Stock Market Collapse What
Which Was The Most Widespread Economic Consequence Of The Great Depression? unemployment. Which was the most widespread economic consequence of the Great Depression? Many Americans lost their jobs. What was the main consequence of the Great Depression? The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose