Causes of the Great Depression: The economic downturn of the 1930s caused millions to lose their jobs and many to become homeless. These hard times were not caused by one single factor but rather many elements combined to create this perfect economic storm. Questions below:

1. Throughout the 1920s, what did many Americans use to purchase goods?
2. What does buying stocks "on margin" mean?
3. How much did the Federal Reserve increase the money supply by throughout the 1920s?
4. How did the Smoot Hawley Act attempt to help American companies?
5. Of the factors shared in the video, which factor do you believe was the most important in causing the Great Depression and why?

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