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5 Causes of the Great Depression. By 1929, a perfect storm of unlucky factors led to the start of the worst economic downturn in U.S. history. By: Patrick J. Kiger. Updated: April 17, 2023.



Question. Q.21. Analyse any two factors that were responsible for the Great Depression in America during 1929. (2) Ans. (i) Agricultural overproduction remained a problem. This was made worse by falling agricultural prices. As prices slumped and agricultural incomes declined, farmers tried CBSE Sample Question Paper 2022-23 7.



Location: Europe United States Context: gold standard international trade macroeconomics protectionism stock market crash of 1929. (Show more) Key People: Herbert Hoover Franklin D. Roosevelt See all related content → Great Depression, worldwide economic downturn that began in 1929 and lasted until about 1939.



Factors that were responsible for the Great Depression in America during 1929 are as follows Agricultural overproduction remained a concerningissue and added to it.