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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Typically, Americans really think the Great Depression was caused here in America. In actuality, it was rooted in the Treaty of Versailles, which ended the First World War while economically crushing Germany and other European countries. It was those debt defaults that ignited the defaults in the USA.
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