The Economic and Social Causes of the Great Depression in the United States

Abstract

The Great Depression, a period of unprecedented economic hardship that ravaged the United States from 1929 to the late 1930s, left an indelible mark on the nation's history. This research paper delves into the intricate web of economic and social factors that triggered this devastating downturn. We examine the stock market crash of 1929 as a catalyst, but explore the underlying vulnerabilities within the American economic system that contributed to its severity. The paper further analyzes the social consequences of the Depression, highlighting the widespread unemployment, poverty, and societal unrest that ensued. By understanding the causes and consequences of this defining event, we gain valuable insights into the complexities of economic cycles and the importance of robust financial regulations.