Conclusion

Question 1

Link

-In conclusion, the weakness of…

Answer 1

In conclusion, the weakness of the US banking system was the most important cause of the Great Depression.

Question 2

Argument (1)

-If the banks had been regulated and didn’t…

Answer 2

If the banks had been regulated and didn’t invest clients’ money into shares then they wouldn’t have gone bankrupt and caused a chain reaction across America.

Question 3

Argument (2)

-Not to mention, the instability within banks caused…

Answer 3

Not to mention, the instability within banks caused 20% of 1929 banks to declare bankruptcy.

Question 4

Factors (1)

• However, there were other causes…
• Overproduction and… companies were making far too many…
• Little to no businesses took into consideration that…

Answer 4

However, there were other causes to take into consideration such as the overproduction of goods and underconsumption which meant companies were making far too many products as a result of new production methods, but little to no businesses took into consideration that not every American could afford the newest model of car or radio, so demand went into decline leaving companies with unneeded goods.

Question 5

Factors (2)

• The republican policies…
• Their “laissez-faire” attitude often meant illegal processes…

Answer 5

The republican policies of no taxation along with their “laissez-faire” attitude meant working class Americans had lost all hope of being financially stable, yet rich upper class people could invest their savings how they pleased into shares. Their “laissez-faire” attitude often meant illegal processes such as child labour went unnoticed.

Question 6

Factors (3)

-International economic problems meant that…

Answer 6

International economic problems meant that if Europe started to struggle financially, it wouldn’t be long before the USA fell with them due to the fact that they had given out so many war loans and countries were struggling to pay them back.

Question 7

Factors (4)

-And finally, the Wall Street Crash meant the majority of…

Answer 7

And finally, the Wall Street Crash meant the majority of Americans who invested their life savings into the stock market had almost gone completely bankrupt, and the American currency was almost deemed worthless.

Question 8

Final Argument

• Overall, these are all worthy causes for…
• But it was the weakness of…

Answer 8

Overall, these are all worthy causes for the Great Depression in the 1930s, but it was the weakness of the US banking system that was the most important.