What are five causes of the great depression, identify these causes and how they contributed to the largest economic decline of the 20th century. responses should be 1 to 5 sentences, some responses will be shorter than others. full sentences are encouraged, bullet points are acceptable.

The stock market went downhill that resulted to bankruptcy

People were fired because the companies didn´t make enough profit to distribute it to workers

People lost their homes so they had to be homeless or go to a homeless shelter.

The first cause of the Great Depression was the Stock Market Crash of 1929. $14,000,000,000 of investments were lost, and two months later, that had increased to $40,000,000,000. The market lost 12% of its value on "Black Tuesday".

After the Stock Market Crash, 700 banks began failing in the late months of 1929. This eventually lead up to upwards of 3,000 banks completely crashing in 1930.

There was also a reduction in purchasing across the board. Most investments were worthless now. People's savings were diminished or gone altogether. Nobody could buy much. The unemployment gradually increased to soon be above 25%. Inventory was accumulating, and nobody could stop it at the time.

The government had to do something at this point, so they passed the Tariff Act of 1930. A tariff is a tax placed on something. The act raised this tariff in trade, and world trade fell by about 2/3.

The last cause was the environmental destruction. A drought had come along due to nobody bothering to use soil-preservation strategies. This prevented farmers from making money, therefore furthering the Great Depression that much more.

- "the civil rights movements"

- "following the american civil war and abolition of slavery, the united states entered a period known as reconstruction, during which black americans continued to suffer from disenfranchisement, racial segregation, and economic oppression. beginning in the early 1950's, black americans launched a series of major campaigns of civil resistance, emphasizing the need for nonviolent protests and civil disobedience."

"such as the montgomery bus boycott of 1955-56, a campaign launched by rosa parks against the policy of racial segregation of the public transit system in alabama. “sit-ins” became popular across the american south, particularly in greensboro, north carolina, increase national sentiment."

- "the counterculture movement"

- "counterculture began to develop in the united states following the rise of conformity in american culture during the 1950s. by 1963, youth, particularly those of the white middle class, began rejecting the cultural standards and normality of their parents, opting for progressive attitudes instead. the movement gained momentum as the civil rights movement became increasingly successful and as the u.s. military intervention of vietnam began to take a negative turn."

"hippie counterculture moved further into popular culture following the summer of love in 1967 when thousands of people came together in the haight-ashbury neighborhood of san francisco. along with greenwich village in new york city, haight-ashbury became a hub for the counterculture movement."

during the ming dynasty