Which of the following was a factor in causing the Great Depression?



Among the suggested causes of the Great Depression are: the stock market crash of 1929; the collapse of world trade due to the Smoot-Hawley Tariff; government policies; bank failures and panics; and the collapse of the money supply.

Which of the following was a cause of the Great Depression quizlet?

The Great Depression was triggered by the stock market crash of 1929, but many other causes contributed to what became the worst economic crisis in U.S. history. The stock market crash cost investors millions of dollars and contributed to bank failures and industry bankruptcies.

What are the 4 causes of the Great Depression quizlet?

Terms in this set (4)

  • #1. Stock Market Crash. -Throughout the 1920s, people invested in the stock market in hopes of making money. …
  • #2. Banking Crisis. -People deposit money in banks for safe-keeping. …
  • #3. Overproduction. -Industry thrived in the 1920s because of mass production. …
  • #4. Under-consumption.





What were the 7 Major causes of the Great Depression quizlet?

Causes of the Great Depression

  • Stock Market Crash.
  • Hawley Smoot Tariff.
  • Dust Bowl.
  • Bank Failures.
  • Buying on credit in the 20s.
  • Reduction in purchasing.
  • Gap between rich & poor.


What were 3 main causes of the Great Depression?

What were the major causes of the Great Depression? Among the suggested causes of the Great Depression are: the stock market crash of 1929; the collapse of world trade due to the Smoot-Hawley Tariff; government policies; bank failures and panics; and the collapse of the money supply.

What was the Great Depression quizlet?





the economic crisis and period of low business activity in the u.s. and other countries, roughly beginning with the stock-market crash in October, 1929, and continuing through most of the 1930s.

How did the Great Depression begin quizlet?

Many economists agree that the Great Depression began with the Stock Market Crash in October of 1929. Stock values plummeted, stockholders were wiped out, banks and factories shut down, and millions of Americans were left jobless and penniless.

What were the 4 main causes of the Great Depression in Canada?

Causes of the Great Depression

  • OVER-PRODUCTION AND OVER-EXPANSION. …
  • CANADA’S DEPENDENCE ON A FEW PRIMARY PRODUCTS. …
  • CANADA’S DEPENDENCE ON THE UNITED STATES. …
  • HIGH TARIFFS (TAXES) BLOCKED INTERNATIONAL TRADE. …
  • TOO MUCH CREDIT BUYING. …
  • TOO MUCH BUYING OF CREDIT STOCKS. …
  • THE GREAT CRASH: “BLACK TUESDAY”


Which of the following best explains the main cause of the Great Depression of the 1930s?

Which of the following best explains the main cause of the Great Depression of the 1930s? Episodes of credit and market instability undermined the financial system.



Did ww1 Cause the Great Depression?

How Economic Turmoil After WWI Led to the Great Depression. World War I’s legacy of debt, protectionism and crippling reparations set the stage for a global economic disaster. World War I’s legacy of debt, protectionism and crippling reparations set the stage for a global economic disaster.

What were the main causes of Great Depression in 1929?

It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.

What were the effects list 5 of the Great Depression on Americans?

The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted, international trade collapsed, and deflation soared.

What started the Great Depression in 1920?

The Great Depression started following the stock market crash of 1929, which wiped out both private and corporate nominal wealth.

Who is blamed for the Great Depression?

President Hoover



By the summer of 1932, the Great Depression had begun to show signs of improvement, but many people in the United States still blamed President Hoover.

How did unemployment affect the Great Depression?

Unemployment in the Great Depression. In the United States, unemployment rose to 25% at its highest level during the Great Depression. Literally, a quarter of the country’s workforce was out of work. This number translated to 15 million unemployed Americans.

Who or what did Americans blame for their misfortunes during the Great Depression?

Americans blamed Hoover, the banks, the drought, and the Dust Bowl. Dust Bowl storms were devastating to farmers.