Question

What are some causes of the Great Depression? (Mark all correct answers)


Underconsumption


Stock Market speculation


Overfarming


Overproduction

Answer 1

The causes of the Great Depression include:

- **Underconsumption**: This refers to a situation where consumers do not purchase enough goods and services to sustain economic growth, which was a factor during the Great Depression.

- **Stock Market speculation**: Excessive speculation in the stock market in the 1920s contributed to the economic instability that led to the Great Depression, culminating in the stock market crash of 1929.

- **Overfarming**: While not a primary cause of the Great Depression itself, overfarming contributed to the Dust Bowl, which exacerbated economic difficulties in the agricultural sector and affected many farmers.

- **Overproduction**: This was a significant cause, as industries produced more goods than could be consumed, leading to falling prices and layoffs.

So, the correct answers are:
- Underconsumption
- Stock Market speculation
- Overfarming
- Overproduction