What are the three main causes of the great depression

Asked by admin @ 11/11/2021 in History viewed by 291 People

What were three causes of the Great Depression?

Bankrupt farmers caused small banks to go under.
Many Americans were still living below the poverty line.
Underproduction of goods caused companies to fold.
Foreign countries reneged on paying back war debts.
Credit card business was not doing as well as some thought.

Answered by admin @ 11/11/2021

I would say it's:
"Bankrupt farmers caused small banks to go under."
"Underproduction of goods caused companies to fold."
and "Many Americans were still living below the poverty line."
If I'm wrong, let me know :^)

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