THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The U.S. and Germany
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Germany
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The U.S.
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Russia and Serbia
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Detailed explanation-1: -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.
Detailed explanation-2: -During the short depression that lasted from 1920 to 1921, known as the Forgotten Depression, the U.S. stock market fell by nearly 50%, and corporate profits declined by over 90%. 1 The U.S. economy enjoyed robust growth during the rest of the decade.
Detailed explanation-3: -The Great Depression was an economic crisis that began with the stock market crash of 1929 and lasted for nearly a decade. The causes of the Great Depression included the stock market crash of 1929, bank failures, and a drought that lasted throughout the 1930s.