The following causes led to the Great Depression:
- Stock Market Crash
- reduced tariffs and lending internationally
- Financial panics and a decline in the economy
Who did the Great Depression most affect?
The most vulnerable groups in the nation—children, the elderly, and people who face discrimination, like African Americans—were the ones that suffered the most. African Americans were unable to find employment, even in the jobs that were once seen as their domain, as the majority of white Americans felt entitled to the limited positions that were available.
The file attached below shows the cause and effect of the Great Depression:
Thus, Human misery was the Great Depression's most severe effect. The output and living standards of the entire planet dramatically decreased over a brief period of time. In the early 1930s, up to one-fourth of the labor force in industrialized nations was unemployed.
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