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Old 01-29-2008, 05:52 PM   #7 (permalink)
Caltex
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Join Date: Nov 2007
Location: Austin, Texas
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Quote:
Originally Posted by iTaliAN_ICe View Post
America's Great Depression had several causes. Obviously, it had a lot to do with the stock market crash of 1929, but other factors probably contributed to the depression as well. Reduction of international trade due to the imposition of tariffs played a part, and as others have mentioned, the Dust Bowl and the Federal Reserve helped cause or worsened the depression. Fortunately, some of the policies of the New Deal and our transition to a war-time economy lifted us out of the depression for the most part.
The New Deal and other pre-WWII government actions only extended and made the depression worse.
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