I try to learn more in depth about topics that interest me. I was reading about the Great Depression, but it is so hard to understand for me what exactly cause it, as I read it, it feels like a mix of fancy words that don’t tell me much (likely due to my lack of knowledge and english not being my 1st language). So, could anyone explain me in simple words what exactly cause the Great Depression?
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This is a really complex issue – there are a lot of moving parts.
A tangential but important example involves the crash being global in span: the global reach of the crash was heightened by the US basically acting as a massive supplier of loans and holder of debts for foreign nations after the WW1, and it was also owed tons of money by European powers from selling weapons and arms in the War. Germany, for example, was heavily reliant on a lot of US loans.
Timeghost did a series called between two wars that talks about a *lot* of the reasons for the crashes and the lead-up causes throughout the 20s. [Their entry on 1929 itself is also quite good and easy to digest.](https://www.youtube.com/watch?v=fM8ARi3Ax6E&list=PLrG5J-K5AYAU1R-HeWSfY2D1jy_sEssNG&index=25)
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