Great Depression Dbq

America is no stranger to economic downturns. As an emerging industrial power of the late 19th century, America had a rough start in its rise as the largest industrial powerhouse in the world. The Great War added to America’s economic dominance, with exports skyrocketing in an effort to supply the allies. Even so, the 1920’s saw a massive rise of American consumerism and spending. By 1929, however, the Stock Market Crash on Black Tuesday saw the beginning of the Great Depression with the American economy in pieces. Although World War I was partially responsible for America’s economic recession, however, World War I was ultimately a minor factor in comparison to America’s unstable economy, facing problems such as overproduction, the banking credit structure, and an un-diverse industrial emphasis ultimately were the leading causes of the

During the 1920’s, America was booming in namely two economic zones, automobiles as a result of consumerism and the changing 1920’s culture, and construction, a result of America’s rapid urban growth and the need for housing and skyscrapers. Too much trust and money was emphasized on these two economic powerhouses, and by the 1920 Stock Market Crash, the profits of these two core economic zones were not enough to save the failing economy. In addition, the particular timing of the Great Depression leads to America’s economic recession. By the 1929 crash, the auto and construction industries were not big enough to save the failing economy. In 1929 as well American industries on the rise such as plastics and medicines were much too small at the time to assist in aiding the Depression. As a result, the weakness of these emerging industries as well as the money placed solely on the automotive and construction industries were not enough to save the economy by the time of the 1929 crash, and lead to America’s Great