Causes of the Depression Flashcards

1
Q

What is the first cause?

A

The Impact and Cost of War

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2
Q

What is the second cause?

A

Decline of Merchant Shipping Fleets

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3
Q

Why was there a decline of shipping fleets?

A

The boats had sunk

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4
Q

What is the third cause?

A

Growth in American Economy after WW1

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5
Q

Why was America a problem?

A

There was USA mass production and there were business deals being made which would eventually lead to Depression

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6
Q

What is the fourth cause?

A

Japanese Modernisation/Growth of Japanese Technology

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7
Q

What was the fifth cause?

A

The Industrial Revolution

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8
Q

What was the problem with British factories?

A

They were small and had out of date technology which could not meet the demands

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9
Q

What was the sixth cause?

A

German Chemical Factories

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10
Q

Why were the German chemical factories a problem?

A

They were at the height of their advances and we were struggling with our out of date factories

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11
Q

What was the seventh cause?

A

The Closure of Businesses

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12
Q

What did the closure of businesses mean?

A

Factories would too close down

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13
Q

What was the eighth cause?

A

Unemployment

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14
Q

What was the ninth cause?

A

Starvation

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15
Q

How was starvation a problem?

A

As more and more people were going into unemployment they could not afford to feed themselves

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16
Q

What was the tenth cause?

A

The Wall Street Crash