One of the Causes of the Great Depression

One of the Causes of the Great Depression
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  • THE GREAT DEPRESSION
  • A few of the Causes of
  • Vivian Tang Period 2
  • People in the Great Depression bought new machines with credit from the bank. This caused many people to go poor. But what is credit?
  • Credit is when people buy things, but don't have to pay until later. When talking about the bank, people borrow money to buy new machines, and have to repay the bank later.
  • The banks keep failing!! I lost so much more money!
  • A bank run is when a LOT of people go to the bank to get all their money because they're afraid that the bank might fail, just like this women's bank did.
  • And there was a bank run today too! I never knew how many people came to the banks to get money
  • There were many causes to the Great Depression, but these were just two of them. Thanks for reading!
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