What Are The Factors That Contribute To The Great Depression

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Two things that contributed to th start of the Great Depression were The Stock Market Crash on October 29,1929, and overproduction. Both of these triggered a cycle of economic failure, job loss, and cut pay. If The stock market never took this drastic change, and America didn’t produce more than they could purchase then the employmant rate would have remained stable, and people’s incomes and savings wouldn’t falter. During World War I the United States needed lots of goods and food produced for military purposes. This resulted in a surplus of jobs and prosperous farms, which was great because solidiers would be able to easily find jobs when the war was over. However, after the war many countries were economically devestated, and couldn’t afford

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