What were the cause of the Great Depression quizlet?

Debt, poverty. STOCK MARKET CRASH: Stock markets around the world crashed on October 29, 1929 (this day is known as “Black Tuesday”). Massive stock sell off, banks called in loans, people withdrew all their money from banks, bank failures (mostly in the USA), people lost life savings. Unemployment, poverty.

What was the 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 were the main causes of great depression?

However, many scholars agree that at least the following four factors played a role.

  • 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 4 main 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.
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What were the 7 Major causes of the Great Depression quizlet?

Terms in this set (12)

  • Overproduction. Rural- WWII had huge demand, effective and costly tractor increased output, too much food and too much debt. …
  • Stock Market Crash. …
  • Bank Failures. …
  • Government Policies. …
  • Recession. …
  • Depression. …
  • Affect of Great Depression. …
  • Hoovers attempts.

What were the 6 causes of the Great Depression quizlet?

List the 6 causes of the Great Depression. Overproduction, Canadian reliance on exporting staple products, Canadian dependence on the United States, economic protectionism, internal debt from WW1, stock market crash.

What Caused Crash of 1929?

What Caused the 1929 Stock Market Crash? … Among the other causes of the stock market crash of 1929 were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated.

What caused the Great Recession?

The Great Recession, one of the worst economic declines in US history, officially lasted from December 2007 to June 2009. The collapse of the housing market — fueled by low interest rates, easy credit, insufficient regulation, and toxic subprime mortgages — led to the economic crisis.

What were the 6 causes of the Great Depression?

What was the Causes of the Great Depression?

  • Irrational optimism and overconfidence in the 1920s.
  • 1929 Stock Market Crash.
  • Bank Closures and weaknesses in the banking system.
  • Overproduction of consumer goods.
  • Fall in demand and the purchase of consumer goods.
  • Bankruptcies and High levels of debt.
  • Lack of credit.

What were the causes of the Great Depression Apush quizlet?

Terms in this set (9)

  • Tariff and Protectionist Economic Policies. …
  • Uneven Prosperity or Distribution of Wealth. …
  • Overexpansion of Credit and consumer use of Credit. …
  • Stock Speculation and buying stock on the margin. …
  • Poor Banking System. …
  • Overproduction and Automation in Industry. …
  • Impact of European and Global Economic problems.
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What was not caused by 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 to themselves.