Causes of the Great Depression Outline

Prompt: To what extent was the Wall Street Crash a cause of the Great Depression of 1929? Support your argument with specific examples.

Example of the outline structure:

Thesis
I. Main Point 1
a. Evidence 1 that supports Main Point 1
i. further supporting details
b. Evidence 2 that supports Main Point 1
II. Main Point 2.... and so on.

The Wall street Crash was not a major cause of the Great Depression. There were far greater problems in the American economy, and the Crash was the culmination of these causes, resulting in the Great Depression. Some important causes of the Great Depression are the differences in income, living on credit, and farmers in debt.
1) Differences in income
-Most of the wealth controlled by wealthiest
-most americans too poor to participate in economy

2) Living on Credit
-Many Americans were encouraged to live beyond their means
-accrued debt; stopped buying things


3) Farmers in Debt:
-During WWI huge increase in demand for food so farmers took out loans to buy eqipment and land.
-after WWI demand subsided; farmers in debt
-farmers lost farms; banks lost money; banks failed

Conclusion: Restate thesis in a different way