mention a few of its causes?
The Keynesian (demand-driven) and the monetarist explanation re two of the supposed causes..
Great Depression
The two classic competing economic theories of the Great Depression are the Keynesian (demand-driven) and the monetarist explanation.
when does to kill a mockingbird take place 1936 is it a novel? Yes it is a novel by Harper Lee. what is the novel about? The story, told by the six-year-old Jean Louise Finch, takes place during three years (1933–35) of the Great Depression in the fictional "tired old town" of Maycomb, Alabama, the seat of Maycomb County. what is the mentioned depression about? It was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.
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Great Depression [SEP] Causes
The two classic competing economic theories of the Great Depression are the Keynesian (demand-driven) and the monetarist explanation. There are also various heterodox theories that downplay or reject the explanations of the Keynesians and monetarists. The consensus among demand-driven theories is that a large-scale loss of confidence led to a sudden reduction in consumption and investment spending. Once panic and deflation set in, many people believed they could avoid further losses by keeping clear of the markets. Holding money became profitable as prices dropped lower and a given amount of money bought ever more goods, exacerbating the drop in demand.