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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.
All of the following were important causes of the Great Depression except. Choose one answer. a. the stock market crashed. b. both individuals and businesses built up large debts because of easy credit. c. tariffs on foreign imports were lowered. d. the federal government did not insure people's bank accounts.