G

Great Depression causes

By Itxas
  • Period: to

    Overproduction

    -Two types: industrial and agricultural
    -After the war they didn't reduce the levels of production --> surplus of products --> more supply than demand --> prices fell --> more unemployment
    --> BANKRUPTCY <--
  • Period: to

    Speculation on the stock market and excessive bank credit

    -During 1920s people and companies bought shares with loans from the banks (way of getting quick profits)
    - Increasing demand led to an increase in prices and speculation
    - Their real value wasn't reflected: some companies were in bankrupt