What Caused The Great Depression

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The Great Depression is a period of time in which United States had severe economic crisis that occurred around 1930s. Initially, it began in the United States but rapidly spread out throughout most of the world. The Great depression is one of the longest and deepest economic downturn that the commercial and industrialized world has been through in last few centuries. Lasting for a decade, starting from 1929, this crisis led to sharp deteriorations in industrial output, increasing level of unemployment and growing poverty. The great depression led to various consequences in every sector of United States from political to socio-economical.Historians and economists give various causes for the Great Depression including drought, overproduction

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