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The causes of the Great Depression are a matter of active debate among economists, and are part of the larger debate about economic crises, although the popular belief is that the Great Depression was caused by the crash of the stock market.
May be some of the most important questions to ask while analyzing the causes of the great depression includes questioning on the reason why the citizens were overconfident in the stock market prior to the great depression, how the consumption psychology structured the causes and impacts of the crash, the patterns of investment in the stock market in 1920s, the main investors and Hooverâs reference of an economic crisis as a depression.