The Multiple Causes Of The Great Depression

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The Great Depression is known to have many origins, including the “Great Crash”, the credit structure of the economy, and a lack of diversification in the American economy. The American economy was involved in most of the causes of the Depression. The most often believed cause of the Depression was “The Great Crash”, which occurred in October 1929. In the Great Crash, the market fell apart, destroying the gains from stocks of all previous years. People established the stock market crash as the beginning of the Great Depression, however there were many other causes. Most people agree on the fact that there were multiple causes of the Depression. One problem was a lack of diversification in the economy in the 1920s. Automobile sales were declining,

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