- analyse any two factors that were responsible for the great depression
analyse any two factors that were responsible for the great depression
analyse any two factors that were responsible for the great depression Analyse Any Two Factors That Were Responsible For The Great Depression – As per our readers’ demand and comments, we are publishing this article. If you want to know about analyse any two factors that were responsible for the great depression, continue reading and learn more. • • • • • • • • • • About analyse any two factors that were responsible for the great depression Analyse any two factors that were responsible for the Great Depression in America during 1929. Answer:ExplanationOverproduction in agriculturewas a major issueUS overseas loansamounted to over $ 1 billion in the first half of 1928. People Also Read: The Great Depression of the late 1920s and ’30s remains the longest and most severe economic. In the United Sttes, where the effects of the depression were generally worst, between 1929 and 1933 industrial production fell nearly 47 percent, gross domestic product (GDP) declined by 30 percent, and unemployment reached more than 20 percent. People Also Read: The Great Depression is attributed to the combination of the following factors: The failure of banks, which was the impact of the stock market crash as more people withdrew their savings from the banks leading to closure. The passing of Smoot-Hawley Tariff or the Tariff Act of 1930, imposed high taxes on imported goods. People Also Read: How to use Explain the causes of the Great Depression. – toppr.com The Great Depression was a result of...
