Causes of the Great Depression Outline

To what extent was the Wall Street Crash a cause of the Great Depression of 1929? Support your argument with specific examples.

While the Wall Street was a factor of the Great Depression, there were many greater cause of it such as farming, industry, consumer spending, credit, and bank failure.



the wall street crash was risky because people were spending to much on credit. they couldn't pay the debts and the stocks were risky because they were like the lottery.

1. Farming
a. After war many farmers couldn't sell and pay for the supplies and machines that they were buying before.
b. many farmers lost their jobs
2. Industry
a. railroads were not used as much because of busses, and cars
b. coal mining wasn't used as much because of electricity can now be made using turbines
3. Consumer Spending
a. people were losing their jobs
b. people were buying less because of the lost jobs
4. Bank Failure
a. because no one was paying the loans back
b. they gave away people's savings to people that needed loans for the market