What Caused The Great Depression Research Paper

The great depression happened during 1929-1931 some of the main causes were farm crisis, dust bowl, and overproduction. Many farmers were producing too much crops and consumers could not keep up with the production and prices dropped. After overproduction really hit the farmers many of them went out of business. The few farmers still making money had their farms ruined by the dust bowl. The great depression would have been not as bad if none of these three things happened. Overproduction one of the greatest contributors to the great depression. Over production mostly created the farm crisis which is next on this essay. After the stock market crash many people had lost most of their money. With some farmers there buyers had lost their money and could not pay the farmers what they used to pay them. When the farmers were still producing at the same rate and no one to buy their crops they had no choice but to sell their land. …show more content…
During 1920-1929 many new inventions were made like the tractor. The tractor increased production rate significantly but most farmers had to go into debt to buy them. With most farmers in debt when the economy crashed many farmers had to sell their land to survive. Another big part of the great depression was the dust bowl. Do to the farmers bad farming techniques all of the topsoil was blown away. Also all the native grass and plants were gone so that made the top soil even weaker. The dust bowl may not have been as bad or may not even of happened if the area was not in such a big drought. Those are the three main things that I think caused the great depression. There more circumstances that contributed to the great depression but these were the biggest three. If the world had been more prepared all of these the events could of been stopped. The great depression did not only affect america it affect france and