DBQ: The Great Depression

The Great Depression was caused by three major factors. The first was because of the collapse of the stock market and fear came as a result.The second was because of the high unemployment of civilians. The third and last was because of the act of protectionism the United States enforced. These all contributed equally to the Great Depression of 1930. The collapse of stocks and the Great Depression caused widespread fear and panic among civilians. “The exchange became a betting ring where people gambled on stocks like if it was a roulette or horse race“(Document F). This implies that when the stock market crashed, everybody lost their money in an instant. Many people bought on margin, as it allowed the investor to enter the market on a shoestring”