The Great Depression was a complex and multi-faceted event with many contributing factors, and it is difficult to say if it could have been avoided entirely. However, some of the key factors that led to the depression include:
Stock Market Speculation: The boom in the stock market in the late 1920s led to excessive speculation and overproduction, which ultimately led to the market crash in 1929.
Agricultural Overproduction: The agricultural sector was producing more goods than the market could absorb, leading to falling prices and decreased demand.