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One social consequence of the Great Depression was that there was a notable increase in the birthrate in families of unemployed men. Contrary to popular belief, the Great Depression didn't originate in the United States. It started with the economic collapse of Great Britain, which then caused the American stock market to crash.
Economists continue to study the Great Depression because they still disagree on what caused it. nation as to why the Depression happened or why the economy eventually recovered. The 1929 stock market crash often comes to mind first when people think about the Great Depression. The crash destroyed considerable wealth. Perhaps even more important, the crash sparked doubts about the health of the economy, which led consumers and firms to pull back on their spending, especially on big-ticket items like cars and appliances. However, as big as it was, the stock market crash alone did not cause the Great Depression.