The Main Causes Of The Great Depression

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On October, 29, 1929 the Great Depression started as a Result of panicked Investors Who had lost faith in the Economy selling 16 million shares of stock, which then caused the stock market crash, a large contributor and starter of the Great Depression.The Depression altered all aspects of society. It caused millions of people to lose their jobs, In the height of the Depression,1933, 25% of The nations total workforce were out of jobs. Recovery was far out of reach due to of all the debt the country was in. Debts from WW11 were still present along with many other debts that put the Economy in a bad place to start to recover. The Depression also caused most of banks to go ‘bankrupt’ small banks had overextend credit to farmers who could

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