How tariffs and the Federal Reserve contributed to the Great Depression?

Question

please explain

Answer 1

See http://en.wikipedia.org/wiki/Great_depression#Causes

Good Luck!!!

Answer 2

The high-quality depression of the 1930's was once method worse. There have been humans leaving the dirt bowls of the mid west since there was once in actual fact nothing left for them and there was no welfare at that time either. Individually I believe the financial challenge has bottomed out and can steadily strengthen from here

Answer 3

That is a position, I think it has more credibility then it deserves. It certainly is not true today.

So the money supply was tight and dollars retained their value, deflation was rampant. In Germany the Mark was loose and inflation was rampant. Two different policies at the same time.

The funny thing is, the German's have a 3-point monetary policy, no-inflation, no-inflation and no-inflation. They learned their lesson all right. And we leaned our lesson too. No deflation, no-deflation and no-deflation. The American economist panic at deflation.

I have to say it, most economists are idiots, and that is not too strong a word.

Answer 4

the finished melancholy of the 1930's become way worse. there have been human beings leaving the dirt bowls of the mid west because there become truly no longer some thing left for them and there become no welfare on the on the spot both. in my opinion i imagine the financial disaster has bottomed out and could gradually improve from right here