"While the stock market crash of Oct. 29, 1929 was related to the Great Depression, it wasn't the sole cause. Deeper problems in the economy caused the Great Depression, including a widespread culture of self-centeredness, rapidly growing demand for material possessions like cars and appliances that many people could not really afford, and uneven income distribution. Soaring corporate profits helped the rich get richer (tax breaks for the wealthy helped as well), but wages only grew by 8 percent while manufacturing productivity grew by 32 percent. The advent of credit was another major contributing factor, because more and more people were purchasing goods at a faster rate than they could pay for them. Sound familiar?"
(from answers to Great Depression quiz at http://encarta.msn.com/encnet/features/quiz/quiz.aspx?QuizID=333&qpt=results).
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