If you are willing to dive into history class for some time, then let us get right on to some information regarding the causes of Great Economic depression.
One of the reasons why the great depression has been a talk of talks even today is the magnitude. The scale at which its effect was felt and the duration for which it sustained surely arises interest in knowing more about it. Yet, it so happens that though we seem to “know” about the great depression, most of us still don’t know what really caused it.
So far, the great depression happens to be one of its kind and worst in the magnitude. For such reasons, economists and historians kept their eyes sharply on the facts related to it and deduced the reasons that corresponded to such a jolt to the US as well as other economies in those days.