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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.
the primary cause of the great depression reads the first sentence of president herbert hoover s memoirs was the war of 1914 1918 and that so called great war along with the depression it spawned was the driver that eventually produced the even greater catastrophe of world war ii