Great Depression

The Great Depression began in October 1929, when the stock market in the United States had crashed. “The Depression became a worldwide business slump of the 1930's that affected almost all nations.” It caused a major decrease in world trade as each country tries to protect their industries and products by raising tariffs on imported goods. The Depression also would result in some nations to change their leader and government. In Germany, poor economic conditions led to the dictatorship of Adolph Hitler. The Japanese invaded China and developed industries and mines in Manchuria. These forms of militarism techniques by the Germans and Japanese will lead to the outbreak of WWII. Many factors played a role in bringing about the depression; however, the main cause for the Great Depression was the prosperity of the 1920s, the government’s economic policies, the economy was not stable, and the Stock Market crash of 1929.
One of the major causes of the Great Depression was the prospe...