What are some causes of the great depression. please list as many as you know.?

Answer 1

The depression was brought about by the stock market crash.......the entire incident started a chain reaction. It was like a dog chasing it's tail, it just kept going round 'n round.....it was a circle that just couldn't seem to stop it's self.........imagine the already poor in those days.........they were more poor......example; my mother was 9 years old....she had she had 7 more brothers and sisters 8 including herself
and her mom and dad. They weren't poor but they werent rich either. To make matters worse my grandpa (her dad) was hit by a car and broke both legs and arms several ribs. No way to work and feed them...That was the dog chasing the tail. The rest I leave to your imagination.
All of the children and grandchildren learned life lessons from the family...
Learn to appreciate what you have it might not be there tomorrow.
http://www.stock-market-crash.net/1929.htm
By 1929, the Fed raised interest rates several times to cool the overheated stock market. By October, the bear market had commenced. On Thursday, October 24 1929, panic selling occurred as investors realized the stock boom had been an over inflated bubble. Margin investors were being decimated as every stock holder tried to liquidate, to no avail. Millionaire margin investors became bankrupt instantly, as the stock market crashed on October 28 th and 29 th. By November of 1929, the Dow sank from 400 to 145. In three days, the New York Stock Exchange erased over 5 billion dollars worth of share values! By the end of the 1929 stock market crash, 16 billion dollars had been shaved off stock capitalization.

To make matters worse, banks had invested their deposits in the stock market. Now that stocks were obliterated, the banks had lost their depositors money! Bank runs started, where bank patrons tried to withdraw their savings all at once. Major banks and brokerage houses became insolvent, adding more fuel to the bear market. The financial system was in shambles. Many bankrupt speculators, who were once aristocracy, commit suicide by jumping out of buildings. Even bank patrons who had not invested in shares became broke as $140 billion of depositor money disappeared and 10,000 banks failed.

The 1929 stock market crash was beneficial for some, however. Jesse Livermore correctly forecasted the economic crisis and shorted. He made over 100 million dollars! Joseph Kennedy, John F. Kennedy’s father, sold before the 1929 stock market crash and kept millions in profit. Kennedy decided to sell because he overheard shoeshine boys and other novices speculating on stocks. Livermore and Kennedy were individuals are known as the “smart money”, who profit regardless if the market is skyrocketing or plummeting.

The stock market crash of 1929 launched the Great Depression. The Depression was the time from October 1929 to the mid 1930’s. Mass poverty occurred then, as many workers lost their jobs and were forced to live in shanty towns. Former millionaire businessmen were reduced to selling apples and pencils on street corners. One third of Americans were below the poverty line in the Great Depression. The Dow Jones finally surpassed its 1929 high, a full 26 years later in 1955.

The stock market crash of 1929 was identical to any other financial bubble.
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The classic pattern of extreme euphoria and irrational expectations
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will always lead to devastating financial crashes. Learning how to identify these timeless patterns will allow you to profit whether the market is rising or falling.

Answer 2

Yes, the government had a hand in it, but one must also look at the banks. The Federal reserve and the IMF had a greater hand in causing the world wide depression. It had it's beginnings at the end of WW I when thousands of soldiers returned to no jobs and a weak economy. By 1929 things had snowballed into oblivion and our banks couldn't take the strain, our factories were not working full capacity and the economy sank. F.D.R. didn't help it , but if they had followed Hoovers plan the economy would have returned in half the time, just like the one today will take 10 times longer to heal than if they government had stayed out of it.

Answer 3

You have to visit your doctor.Can be a serious reason too as one is some brain reason must look on a scanner.Could be also psycholocic reason,even that you live in a big city with many people.Maybe you do not like your work,family problems.Advice you asking a doctor.

Answer 4

No.1 Stock market crash

Answer 5

it's hilarious that people are responding about clinical depression.

personally, I blame El Nino, communism, and Oprah for the great depression

Answer 6

weeping
living in solitude
absence of interest in all actitvities
sometimes loss of health
insomnia(sleeplessness)

Answer 7

Just one...the stock market crash.

Answer 8

i love a girl,but she never care of me .i do not know how to say.could any body help me?

Answer 9

check www.google.com