unit 7 the Great Depression Flashcards
1
Q
What are the long-term causes of the Great Depression?
A
Over production, Buying on credit, Unequal distribution of Wealth, lack of regulation in the stock market and bank industry, and Pro-business government policies
2
Q
What are the economic problems?
A
The nations had become more interconnected. The U.S placed high tariffs on European goods and in return Europe did the same.