Business wire
Sebi bans Rajesh Exports' CMD for fin irregularities · 2 hours ago RBI rejects bids for treasury bills, move signals lower rates · 2 hours ago Interest in India strong despite volatility: Bank of America chief · 2 hours ago Govt sets aside Rs 10k crore to cap jet fuel price, keep air fares in check · 2 hours ago Exporters keep tabs on USTR probe, trade talks · 2 hours ago Tech stocks slide on AI fears, oil gives Dalal Street a headache · 2 hours ago BHEL secures order worth over Rs 2,000 crore from Nigerian firm · 4 hours ago District economy data: Govt issues uniform framework for district GDP estimates with 2022-23 base year · 5 hours ago Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment · 6 hours ago India’s 500 GW clean energy goal could create 44 lakh jobs, says study · 6 hours ago India's economy shows resilience amid geopolitical uncertainty, says RBI deputy governor · 7 hours ago Grid stability, large-scale integration of renewable energy discussed in Parl panel meet · 7 hours ago Sebi bans Rajesh Exports' CMD for fin irregularities · 2 hours ago RBI rejects bids for treasury bills, move signals lower rates · 2 hours ago Interest in India strong despite volatility: Bank of America chief · 2 hours ago Govt sets aside Rs 10k crore to cap jet fuel price, keep air fares in check · 2 hours ago Exporters keep tabs on USTR probe, trade talks · 2 hours ago Tech stocks slide on AI fears, oil gives Dalal Street a headache · 2 hours ago BHEL secures order worth over Rs 2,000 crore from Nigerian firm · 4 hours ago District economy data: Govt issues uniform framework for district GDP estimates with 2022-23 base year · 5 hours ago Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment · 6 hours ago India’s 500 GW clean energy goal could create 44 lakh jobs, says study · 6 hours ago India's economy shows resilience amid geopolitical uncertainty, says RBI deputy governor · 7 hours ago Grid stability, large-scale integration of renewable energy discussed in Parl panel meet · 7 hours ago
Thursday, 4 Jun 2026 · IST
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General

What caused the Great Depression?

The business boom of the 1920s made people overly confident therefore, they invested their money in risky stocks and deals. In addition, banks made careless loans and soon failed when people could not pay them back. Third, businesses produced more goods than were wanted and they could not sell or make a profit. Lastly, human workers / jobs were becoming replaced by machines and people could not find work.

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