The Great Depression Flashcards by Eleri Hopkins | Brainscape

Q

What caused the Great Depression?

A

Overproduction of goods - companies has made too much stock that no one was buying anymore (they already had it)

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Q

How were farmers suffering?

A

Too many crops meaning prices have dropped extremely low
International trade has also dropped
Already in a bad place from the 1920s
Many farmers couldn’t pay their mortgage

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