Western Governors University C121: Survey of United States History Task 4

A. Explain(suggested length of 23 paragraphs)the major causes of the Great Depression (e.g., economic policies, trade concerns, banking practices, international commerce).

The Great Depression is known as the longest and most severe economic downturn in modern history and is said to be a result of four main causes. The first of these causes was the crash of the stock market in 1929. In the 1920s, the price of stocks skyrocketed, and many Americans began seeing the stock market as an easy way to make more money. The people were so confident in the market that invest most of their household income, even mortgaging their homes, expecting a great profit. People also bought stocks from...