How did The great depression can be attributed in part to events?

The Great Depression can be attributed in part to a series of events, including the Stock Market crash of 1929, which shattered investor confidence and led to widespread financial panic. Additionally, bank failures and a collapse in consumer spending further exacerbated the economic downturn. Poor monetary policies, such as the Federal Reserve's decision to raise interest rates, also contributed to deflation and reduced liquidity in the economy. Together, these factors created a downward spiral that resulted in massive unemployment and widespread hardship.