The Causes of the Great Depression : A Comparative Study

Great depression that began in 1929 already been an important topic when we study economics. This collapse was great in magnitude, a 25%-50% drop in total production; was long in duration (about ten years) and was wide in scale, engulfed the whole of the global economy. In another hand, it serves many economic cases to discuss. The great depression brought about fundamental changes in economic institutions, macroeconomic policy, and economic theory.