Friends, The Great Depression impacted a lot to our world economy. It took 20 years to get back to the same position. and that's why this video is presenting all the major reasons of the great depression. It wasn't the failure of the stock market but it was the failure of our leadership.
The great depression breaks out from American lend and that's why all the world has the right to ask questions from America. In this video, I have talked, what America did to the world in 1929.
There were 4 reasons of the great depression.
1. Failure of the stock market.
2. A big failure of banks.
3. Failure of the manufacturing and agriculture sector.
4. American economic policy with Europe.
These are the 4 reasons, because of that we had to face a great depression.
In this crisis, we lost money lives and trillions of dollars we lost human force, we lost our time.
The Great Depression was the biggest failure of the 20th century.
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Warren Buffett is the most successful investor not because of his luck but because of his rules. Buffett always flows these 4 rules to invest in stocks.
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