Causes of the Great Depression were:

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Tight monetary policies

Stock market crash of 1929

The passing of Smoot-Hawley Tariff

All of the above

answer is D.

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Detailed Solution

The causes of the Great Depression were: tight monetary policies, the stock market crash of 1929 and the passing of the Smoot-Hawley Tariff. The tight monetary policy of the Central Bank of America contributed to the 1929 stock market crash. The stock market's decline drove more people to withdraw their savings from banks, causing several banks to fail. The Tariff Act of 1930, sometimes known as the Smoot-Hawley Tariff, imposed high tariffs on imported goods. As a result, trading partners of the US placed heavy levies on US-made commodities, resulting in a two-thirds decline in worldwide trade between 1929 and 1934.

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