Reinforcing the Facts

To reinforce the facts that were discussed in our class, consider the article at http://americanhistory.about.com/od/greatdepression/tp/greatdepression.htm. Described in this brief article are the 5 main causes of the Great Depression in the U.S:
1) 1929 Stock Market Crash
2) Bank failures
3) Reduction in overall consumption
4) International policies (i.e. the gold standard & foreign investing)
5) Drought conditions (not a large contributor to the G.D.)

Domestic and worldwide conditions contributed to the Great Depression in the U.S. While the U.S. was not the only country to encounter the depression, other international countries were also affected mainly due to the country's inter-connection with the gold standard. The measurement of a country's recovery from the Great Depression can be measured starting from their deviation from the gold standard.