Ms. Newarni 🇳🇵❣️💫@sthabishara
The Great Depression😔1929-1939.. What were the main factors that led to the prolonged economic hardship of the Great Depression?
Stock market crash of 1929 wiped out wealth and trust in banks.
Bank failures led to widespread loss of savings.
Decline in consumer spending reduced industrial output.
High unemployment rates worsened poverty.
Global trade collapsed due to protectionist tariffs like Smoot-Hawley.
Dust Bowl devastated agricultural production in the Midwest.
Inadequate government policies delayed economic recovery.
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