What Caused The Great Depression In America In The 1930's

The Great Depression was a grim and distressing time for America in the 1930’s a time of poverty and loneliness. There were many causes of it, but it can be pinpointed to just a few. The stock market, a game of risk, winnings, but mainly losing in the end. Debt, the aftermath of the euphoria of all the so called earnings gained from the stock market. The farm crisis and Dust Bowl, the outcome that came about the innocent farmers’ from the money boom and what the farmers accidentally caused. The stock market is where people invested, and still invest, money into a company or idea and made money off of how well the company did that day or week. Everyone was obsessed with it in the 1920’s, since it was so new and exciting. They also liked it because it was another way to produce income. However, a cause must always have and effect, and there was a horrid aftermath, Black Tuesday. It was the third day after the crash …show more content…
The prices were lower than the crop was worth. That resulted in them losing their farms and that made them angry so they made the government get involved. The government passed the Agricultural Adjustment Act which made a limit on the crop and herd size. The Dust Bowl was giant storms of dust cause by the farmers who over plowed their land and dust covered most of the midwest. It lasted 10 years and it caused many problems such as Asthma, brown plague, the influenza virus. The stock market, debt, farm crisis, and dust bowl, where all major causes of the Great Depression. The stock market was supposed to be for fun, but then it backfired since everyone was having too much fun. Debt everyone owed everyone something. The farm crisis was were the farmers’ supply and demand prices were too low to keep up. The Dust Bowl was a series of giant dust storms. It was a grim time for America, but we, for the most part, have healed and moved on to bigger and better