What were the 4 main causes of the Great Depression?

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7 answers

1. Stock Market Crash of 1929: The most widely recognized cause of the Great Depression was the stock market crash of 1929. Stock prices plummeted, leading to massive losses for investors and a decrease in consumer spending.

2. Bank Failures: As a result of the stock market crash, many banks failed, leading to a loss of confidence in the banking system and a decrease in lending, which further worsened the economic situation.

3. Reduction in International Trade: The Great Depression was exacerbated by a reduction in international trade, as countries imposed protective tariffs and economic policies that limited the flow of goods and services between nations.

4. Drought and Agricultural Crisis: The Dust Bowl drought of the 1930s led to widespread crop failures and economic hardship for farmers, exacerbating the already dire economic situation in the United States.
What group faced increased discrimination during World War I?
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1 point
Japanese Americans
German Americans
Asian immigrants
German Americans faced increased discrimination during World War I, as they were viewed with suspicion and hostility due to their German heritage. Many German Americans faced discrimination, harassment, and even violence during this time period. Japanese Americans and Asian immigrants also faced discrimination during this time, but German Americans were particularly targeted due to the war with Germany.
Why did people in Washington buy “liberty bonds”?
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1 point
to overturn Prohibition
to fund the World War I effort
to provide relief for victims of the Dust Bowl
People in Washington and across the United States bought "liberty bonds" during World War I to fund the war effort. Liberty bonds were issued by the government as a way to raise money to finance military operations and support the war. This was a patriotic act to show support for the country and help fund the war effort.
What 2 types of workers did the IWW try to unionize?
The Industrial Workers of the World (IWW) tried to unionize industrial workers and migrant workers. The IWW sought to organize all workers in a particular industry, regardless of skill level or race, and aimed to use collective bargaining and direct action tactics to improve working conditions and wages for workers. They were particularly active in organizing workers in industries such as mining, lumber, agriculture, and textiles.