Salma Ahmed
English Lit. GCSE Student
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What were the causes of the great depression of 1929-32
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- 1493
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- Sun Nov 15 2009
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Have a little read: ... What were the causes of the great depression of 1929-32? The great depression was a drastic economic change in the industrialised world. It began as a financial phenomenon in 1929 but then it spread across from the borders of America1. The depression was a severe economic slump that sustained itself through the 1930s. The consequences of the great depression were not just economic but social as well; where mass unemployment became the norm, hunger marches as well as rallies filled the streets, and eventually the accession of Hitler to power provides an insight into the effects of such a depression2. The post war era favoured America; it exited the war as a strengthened nation unlike that of its allies Britain and France which were devastated. America was undergoing a financial boom. The post-war economy of America with its progression in the industrial as well as manufacturing sectors, and the change in government
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