1. The Great Depression
The Cause of the Great Depression The great depression is almost mythical to many younger people growing up in America today. ... The great depression of occurred because of three main reasons and left the country trying to recover for the next decade. ... Because Americans didn't save their money they ran into the second cause for the great depression: debt. ... The third reason for the great depression is the most widely known. ... By 1929, Americans owed eight and a half billion dollars in broker's loans. ...
- Word Count: 1136
- Approx Pages: 5
- Grade Level: High School