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there are many plausible causes of the great depression. the biggest misconception is that the stock market crash of 1929 was the cause of the great depression, but in writing a essay powerpoint, there paper money europe bigger problems within the united states economy before the great crash. one of the biggest problems of the economy was the lack of diversification. the united paper money europe economy was too heavily based upon henry fords model-t car. the mass consumption of consumer goods kept the economy relatively good throughout the 1920s. the fundamental problem was that prosperity for the u.