causes-of-the-great-depression

The causes of the Great Depression in the early 20th century in the United States have been extensively discussed by economists and remain a matter of active debate. They are part of the larger debate about economic crises and recessions. Although the major economic events that took place during the Great Depression are widely agreed upon, the finer week-to-week and month-to-month fluctuations are often underexplored in historical literature, as aggregate interpretations tend to align more cleanly with the formal requirements of modern macroeconomic modeling and statistical instrumentation.