Causes Of The Great Depression

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It’s 2008 and the world is in a financial pickle. A tremendous crisis is occurring and the repair is unknown; this was one of the most despicable recessions since the Great Depression that occurred in 1929. The causes of the Great Depression was the stock market crashed, issues in the farm sector because of overproduction, banks going out of business because loans were distributed and never was reimbursed , volatile economy, facile credit given to anyone, real estate ruptured, and unemployment. Many business were in trouble for example the plywood factories, concreate pipe plant, the hardwood flooring plants, oil companies, wheel factories, cottonseed oil plant, tenant farmers companies, and failure of huge financial establishments like Fannie

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