Causes Of The Great Depression Essay -- essays research papers

Reasons for the Great Depression Numerous individuals feel that the Great Depression was caused exclusively by the securities exchange crash. Anyone who discloses to you this most likely didn’t pass U.S. History in secondary school. The truth of the matter is, the Great Depression was caused a wide range of components. Four of which were overproduction, lopsided appropriation of riches, defensive duties, and the four â€Å"sick industries† of the 1920’s.      After World War I, new innovative enhancements helped plants to deliver higher amounts of products utilizing littler measures of representatives. Less specialists implied less cash being redistributed to the customers to buy items. America didn’t have a need for this higher amount of merchandise with less individuals getting checks. Along these lines, the well established arrangement of flexibly and request started to shrink in light of the fact that there were such a large number of items with too hardly any individuals who could manage the cost of them.      In 1922, the normal week after week winning for a great many people was around 22 dollars. In light of this lopsided conveyance of salary, families couldn’t bear to purchase most items. Organizations endured furthermore in light of the fact that they experienced difficulty selling products. Most benefits that could have been placed into employee’s pay rates went to investors or back to the business itself. In the event that the laborers had higher wages, they would have the option to buy products and along these lines help the economy.      In 1930, congress passed the Hawley-Smoot Tariff Act, which made the highe...