1. THE CAUSES OF THE GREAT DEPRESSION
... Depression. Agriculture suffered from overproduction, declining prices, and heavy debt; so did the coal and textile industries. Banks also had contributed to the Great Depression and the instability of prosperity because they were poorly managed and regulated. They now threatened to spread the panic and depression. Another contributing factor to the Great Depression were international economic difficulties. Shut ... had depended on American investments to manage their debts and reparation payments from the Great War (World War I). The crash of the stock market in 1929 was the triggering...
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