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The Causes of the Great Depression: A Retrospective. By Kenneth Matziorinis. Introduction. During the 1930s the world experienced a cataclysmic economic collapse, the likes of which that had never been seen before. It was unlike previous. âdepressionsâ when economic activity would always recover following few years.
Historians agree that there is no one cause. or even a major cause, of the Great Depression. There are several causes that do appear near the top on any one's list of causes for the Depression. 1. No regulation of the Stock Market and the practice of buying stocks on margin.