The Great Depression Historian and Economists have discussed the great depression for almost a century, wondering how it happened, why it happened, and how it could be prevented. There have been conspiracy theories, blames on other countries, blame on credit usage, and blame on the US Federal Reserve. There are many perspectives of the great depression by many professionals, so a solid answer is difficult to find. But the argument that people will investing their savings, even taking out loans to buy stock, and the lack of spending and movement of assets caused the fall of the economy. In the mid 20’s, people saw potential of growth of wealth in the stock market. People heavily invested their savings into shares of companies and some had
