Great Depression
Samantha Greenblatt January 30th, 2014 US6 Causes of the Great Depression Stock Market Crash: Documents C, D, F The stock market crash was one of the causes of the Great Depression because at the time almost every citizen had invested in the stock market. When it crashed more than 40 billion dollars were lost. Many Americans believed they could get rich by investing in stocks so that is what they did. Because people?s life savings were put in the stocks, they lost all of their money. They had no money to spend, which meant businesses had no income. With no money there was no consumption, which caused businesses to fail and inevitably caused the Great Depression. Margin and installment Buying: Documents G, H