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Rating Newest Oldest. Best Answer: You need just two things to form a lake: A source of water, and a basin, or depression, where it can collect. More of the worldâs lakes were formed by glaciers than by any other method. During the Ice Age, much of the Northern Hemisphere was covered with great glaciers that cut or enlarged depressions in the earth which later filled with water. These are called glacial lakes.
Glaciers are made up of fallen snow that, over many years, compresses into large, thickened ice masses. Glaciers form when snow remains in one location long enough to transform into ice. What makes glaciers unique is their ability to move. Due to sheer mass, glaciers flow like very slow rivers.