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While President Hoover’s response to the stock market crash undoubtedly contributed to the Great Depression, it is a secondary cause in relation to the most significant causes, being overproduction and underconsumption of goods, and the continuous borrowing of money in order to participate in the stock market.

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The Great Depression was caused by a number of important factors, but the significance varies from cause to cause. A very important factor was the crash of the stock market, which is arguably more significant than the Smoot-Hawley Tariff and credits, as it triggered widespread bank failures, rising unemployment, and a decline in consumer spending. While the Smoot-Hawley Tariff and credits also contributed to economic instability, the impact was less severe.

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In the 1920s, the US experienced the Great Depression, a period of economic disparity, as a result of, most importantly, the republican presidents tax, tariff, and laissez-faire policies which was built for the benefit of the wealthy. Secondly, the stock market crash was also significant and though not as important as other causes, the cycle of heavy overconsumption and underconsumption of goods is still a notable factor.

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The Great Depression was caused by a combination of factors, including the stock market crash of 1929, banking failures, reduced consumer spending, and flawed economic policies. While the stock market crash triggered the crisis, the most significant cause was the collapse of the banking system, which led to widespread financial panic and a prolonged economic downturn.

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The Great Depression was caused by a combination of factors, including the stock market crash of 1929, banking failures, reduced consumer spending, and flawed economic policies. While the stock market crash triggered the crisis, the most significant cause was the collapse of the banking system, which led to widespread financial panic and a prolonged economic downturn.

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The Great Depression was a very detrimental event in US history, that was a result of multiple factors of varying significance. The most significant cause of the Great Depression was the stock market crash. The less significant, secondary causes of the Great Depression were pro business policies and the Hawley-Smoot Tariff Act, by making the economic crisis worse.

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The Great Depression in America is known to have been most directly caused by the Stock Market Crash. Though this may have been significant, other secondary causes include the time period being post WWI. The Great Depression became a continuous cycle of overproduction and underconsumption which led to many Americans to be unemployed due to the loss of money in factories. The least significant of these causes is seen to be Hoover’s administration as his tariffs worsened the effects of the Great Depression. Though America was facing extreme poverty of this time, FDR made adjustments with his creation of the New Deal to reform the economy.

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The stock market crash and the unequal distribution of wealth were likely the most important factors that triggered and prolonged the Great Depression. The other causes, like  overproduction and banking failures, were more secondary effects that contributed to the severity and duration of the economic slump.

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In the 1920s, the US experienced the Great Depression, a period of economic disparity, as a result of, most importantly, the republican presidents tax, tariff, and laissez-faire policies which was built for the benefit of the wealthy. The stock market crash was also a significant secondary cause and  though not as important as other causes, the cycle of heavy overconsumption and underconsumption of goods is still a notable factor.

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The great depression was an important part of american history with many causes the main cause being the americans overproduction and underconsumption of goods, lesser causes that contributed to the depression were the stock market crash and the hoover administration's reaction to the depression.

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The period of significant economic instability during the 1930s, known as the Great Depression, occurred due to many causes, both long term and short term. Some of the causes are more important or impactful than others. A primary cause was the long term economic trends of the 1920s and the stock market crash in 1929. The stock market crash was influenced by dangerous trends such as buying on margin and speculation, and led to widespread bank failures and unemployment. A secondary cause of the Great Depression was the underconsumption of products. There was an excess amount of consumer goods left unsold at the end of the 1920s. This overproduction of goods caused prices to fall, as supply was higher than demand. This led to the loss of money and unemployment.

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The period of significant economic instability during the 1930s, known as the Great Depression, occurred due to many causes, both long term and short term. Some of the causes are more important or impactful than others. A primary cause was the long term economic trends of the 1920s and the stock market crash in 1929. The stock market crash was influenced by dangerous trends such as buying on margin and speculation, and led to widespread bank failures and unemployment. A secondary cause of the Great Depression was the underconsumption of products. There was an excess amount of consumer goods left unsold at the end of the 1920s. This overproduction of goods caused prices to fall, as supply was higher than demand. This led to the loss of money and unemployment.

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By the end of the 1920s, a huge depression, the Great Depression, was created primarily because of the stock market crash that created chaos throughout the city and equally because of the overproduction and underconsumption of goods. While Hoover's response worsened the effects of the Great Depression, it is in fact not as extreme.