as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
discuss the causes of the great depression
user
the great depression was a severe global economic downturn that lasted from 1929 to 1939. it was caused by several factors, including the stock market crash of 1929, structural weaknesses in the economy, low consumer spending, high unemployment, and a lack of confidence in the banking system. other contributing factors included overproduction of commodities, reliance on borrowing to finance investments, agricultural overproduction, and a decrease in international trade.
assistant