Which of the following were long-term causes of the Great Depression?

At the end of the 1920s, the United States boasted the largest economy in the world. With the destruction wrought by

World War I, Europeans struggled while Americans flourished. Upon succeeding to the Presidency, Herbert Hoover

predicted that the United States would soon see the day when poverty was eliminated. Then, in a moment of apparent

triumph, everything fell apart. The stock market crash of 1929 touched off a chain of events that plunged the United

States into its longest, deepest economic crisis of its history.

it is far too simplistic to view the stock market crash as the single cause of the Great Depression. A healthy economy can recover from such a contraction. Long-term underlying causes sent the nation into a downward spiral of despair. Such wealth concentrated in the hands of a few limits economic growth.

the answer would be a)henry grady because he came up with the term "new south"