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The Cause Of The Great Depression In America

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The Cause Of The Great Depression In America
Depression In America

The Great Depression was a time that not only affected America it affected the world. It was believed that The Great Depression started on Black Tuesday and ended when World War 2 arrived. Did you know that The Great Depression wasn’t caused by just the stock markets crash? The Great Depression actually happened because of many reasons. Some reasons the depression started was the stock market crash, the Federal Reserve System, and the making of credit.

A cause of the Great Depression was the creation of credit. Credit is when someone buys a product and promises to pay it back over a long period of time. During the Roaring 20’s the rich were the ones who were able to afford all the luxuries and new technologies America
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