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Wow, the causes for the Great Depression. There’s a million. But I don’t think we could have stopped even one of them. A few of the causes for the Great Depression were that there was a huge gap in wealth distribution, which in case you didn’t know made low money circulation. Also a lot of that was a result of the dust storms. I think these things wouldn’t hurt America as much as it did. But I do think there couldn’t be another Great Depression, and there won’t be.
The dust storms were a huge part of the depression, because there may have been other reasons why stock went down and there was a low money circulation, but the dust storms caused that as well. The dust storms are what killed the crops and that made is so farmers had no crops to sell. This made it so the businesses didn’t have anybody to sell crops to because there were none. Which made is so the money circulation got lower and lower, because there were no places for them to circulate to.
Money circulation was a very good and very important thing. It got the businesses money which got the farmers money and then got the people money. It just circulated around so that everybody got paid, and everybody had something to buy products with. So you see without money circulation its making a high class and a low class. There was no middle class in this case. So last but not least there is wealth distribution.
I believe this was a big part of the Great Depression because when the Great Depression came up, there were a lot of people who lost their whole life’s investments or even jobs or businesses they’ve worked for/owned for many years, just because a drop in a few numbers and the lowering of stock. But in this case they were not just a few numbers. This time in made is so everybody sold there stock and would lose most of there money. This made it so there was the high class which were doing fine and had sold there stock at the right time getting the money they need. And then there was...