The Great depression was the worst economic slump ever in the United States’ history. The Depression spread to all over the industrialized world. It began in 1929 and it lasted for nearly a decade. There were many causes that were said to cause the Great Depression. The main cause was that the money was not evenly, unequally distributed among the people in the 1920’s. Money was distributed to the wealthy and the middle-class, between industry and agriculture, and also between the United States and Europe. This then created an unbalanced economy.
The speculation in the late 1920’s kept the stock market up, which then led to large stock market crashes. The stock market crash did not lead to the Great Depression. T
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