Yes, I do believe the Great Depression could have been avoided. In the times of the Roaring Twenties, productions were at its high. Industry production grew faster than the demand for the products which led to the oversupply of goods year after year. That’s when it caught on that Investors lent money to people who couldn't afford it and this gave people the freedom to purchase on credit (people who could barely make ends meet). This meant people would be paying interest on money being lent to them (IOU’s) and placing collateral down (for example their homes). The crash was a result of the unregulated banking, lending to people with little or no collateral that could not cover their loan. Since the market was unregulated, people bought and
