Question

Is it possible to have another Great Depression?

Answer 1

Answer: possibly i say no, everything has envovled since the last depression and since then it's been in control dealing with the government and laws, but bc how prices are going up for gas and groceries society is going to eventually complain about it then the government will have to bring donw those prices so i'd say no.

Step-by-step explanation:

Answer 2

Yes

Step-by-step explanation:

And my bet is that we are heading for one. Study any country that has gone through what America is going through: Germany Zimbabwe, Venezuela are some examples.

You cannot print money that is backed by on the ink on its surface. All most all central governments are taking up the practice. It brings about massive inflation (which we are currently holding at bay) but the money printing has not stopped. Sooner or later that practice is going to come and bite everyone.

It will be different in some ways of the 1929 - 1938 (about) depression because that one was caused by bank failure and false optimism. The whole market and all value simply imploded by the banks giving out too much money for what the investors had invested. Look up margin to get a clearer picture of what this means.

This one is quite different. There is just too much money that's losing it's value floating around.