The Causes of the Wall Street Crash and Depression

Reasons for the collapse and depression of Wall Street In this statement there will be evidence to support historian statements and criticism of the US government's policy. However, this answer includes not only the US government, but also reasons why someone collapsed or fell due to others. During the boom period, the US government started to impose tariffs on foreign products. As this is done to protect the interests of our products, the introduction of tariffs to raise the price, the prices that general Americans can not afford, all or most foreign competition has been resolved.

Depression caused a great difficulty in the United States. But the most important result is in Europe. The collapse of Wall Street was an American incident that influenced the world. The collapse of Wall Street can be said to be a long-term cause that the US lends approximately 5,758 million dollars to the UK, Germany, etc. after the war. The crash of Wall Street occurred in 1929, and the US needed to quickly withdraw all loans. This makes the European countries extreme. These circumstances have opposed civilians in certain countries like Germany to their government. This brought about a rapid rise of dictators and communism

What is the impact of Wall Street clash? The influence of Wall Street collapse in 1929 led to bank closure, high unemployment rate, bankruptcy, suicide, hunger, eviction, and devaluation leading to the Great Depression. The worldwide impact of Wall Street crash in 1929 led to the collapse of global stock prices. Cause of Wall Street Collapse Fact 1: Reason - Overconfidence: Since the Americans who were plagued by the war in the 1920s began to prosper, the soaring of the 1920s has brought new Americans a new and exciting contemporary lifestyle I brought it. , Leads to overconfidence and optimism. It creates unbeatable and irrational lively sensation - many Americans believe that good times will not end