How did World War I cause the Great Depression? Include a comprehensive thesis that references political, economic, and social issues.

Question

History

Gizmo

8 July, 23:06

How did World War I cause the Great Depression? Include a comprehensive thesis that references political, economic, and social issues.

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Answers (1)

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Christopher Horn · Answer 1

The world war I caused a huge stock market collapse and bank failures which majorly lead to the Great depression.

Explanation:

As we all know that the world war I started in the year 1914 and lasted till 1918. Though Americans evolved as the winner of the world war I, it completely collapsed their economic status and created a major economic crisis all over the nation. Most of the people were left unemployed and also lead to income insecurity. This great depression began in 1929 and lasted till the end of 1930 and finally came to an end because of the world war II. This world war II offered war job to the unemployed citizens by sending them to the war.

Thus the Americans finally overcame the great depression.