Four Major Problems That Led To The Great Depression

The 1930’s was a time period when the U.S. went through great economic strife and hardships. Four main problems that led to the Great Depression were as follows: a decline in international economic commerce, an uneven distribution of domestic wealth, overproduction, and the faulty stock market system which led to the infamous stock market crash. After World War I, many European nations were left in a state of mass debt, and the United States continued to lend countries money opposed to cutting them off. The gap between the upper and middle class greatly expanded as wealthy was unevenly distributed in both the business and government sector. It came down to only 1% of the American population owning over 59% of the countries wealth. Major problems