USA HISTORY

THE ROARING 20S 1920 1929

AMERICAN ORGANIZED CRIME OF THE 1920S

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Identify 4 Causes of the Great Depression
A
Overproduction
B
Underconsumption
C
Great Society
D
Stock Market Crash of 1929
E
Stock Market Speculation
Explanation: 

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: -While the October 1929 stock market crash triggered the Great Depression, multiple factors turned it into a decade-long economic catastrophe. Overproduction, executive inaction, ill-timed tariffs, and an inexperienced Federal Reserve all contributed to the Great Depression.

Detailed explanation-3: -Equally relevant issues, such as overpriced shares, public panic, rising bank loans, an agriculture crisis, higher interest rates and a cynical press added to the disarray. Many investors and ordinary people lost their entire savings, while numerous banks and companies went bankrupt.

There is 1 question to complete.