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What Caused The Great Depression

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What Caused The Great Depression
The Great Depression was a cataclysmic event that not only devastated the economy of the United States but also affected the rest of the developed world. There were three underlying causes of the depression. The inherent weakness of the American economy, the weakness of the European economy as it tried to rebuild from WWI and the stock market crash of 1929. Had these events happen individually, the great depression probably would not have been so severe.

The overall lessons that should be taken from the depression are the need to regulation of the markets and securities, accurate financial reporting of manufacturing and business's and solid financial planning by both the nation and by individuals to ensure the solvency of our economy.
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