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Great Depression Dbq

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The Great Depression was a catastrophic period of economic hardship that lasted from 1929 to 1939. It was caused by many primary and underlying factors that led to a downfall in economic activity and widespread unemployment. Some of the major causes of this event were stock market speculation, overproduction in numerous industries, underconsumption by consumers, high levels of debt, and the fateful crash of 1929. All of these factors combined created a severe economic emergency that resulted in extreme levels of unemployment and poverty for many Americans. Both Hoover's and Roosevelt's approaches to addressing the Great Depression were very different. Hoover's approach was known as rugged individualism and stressed the importance of self-reliance

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