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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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week 2 essay test

week 2 essay test

Q What are factors that led to the Great Depression? Explain all the factors in detail?

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The Great Depression started from 1929 and lasted till 1939 and was the worst economic depression in U.S history. The stock market crash of October 24, 1929, initiated the worsening. The Great Depression was not the result of 1 single event but many causes started it. It halted the Presidency of Herbert Hoover and Franklin D. Roosevelt was elected as a President in 1932 who gave the nation a lot of hope with his New Deal and became the country’s longest-serving president (Kelly). The economic crisis was not just in America but many parts of the world went through it. The depression started in Europe as the Nazis came to power in Germany which ultimately led to World War II.