Question

1. Analyze the causes of the Great Depression in one country in the Americas.

Answer 1

There are some causes of the Great Depression in the Americas.

1-Bank failure - in the 1930 many of the bank was failed due to this people lost their savings and so when the bank was failed the economic condition also decreases.

2-Drought condition-Due to the drought many people could not pay their taxes or other debts and so they had to sells their farms.

3-stock market crash-In the 1929 stock market was crack and it was the measure cause of great depression.

4-Economic policy with Europe-The government created tarrifs to protect Americans company and so high tax for imports and due to this less trade between Americans and Europe countries.

This tarrifs was known as smoot Hawley tarrif

5-federal bank monetary policy is also one of the cause of great depression.