Insert Surname 1Name:Professor’s Name:Course:Date:The Economics and Politics of Great DepressionThe Great Depression managed to cause drastic declines within the outputs, severe unemployment, in addition to acute deflation within almost every nation of the globe[CITATIONNav12 \p 59 \l 1033 ]. Thus, the social, as well as the cultural impacts, have been no less staggering, particularly in the USA, where the Great Depression epitomized the harshest adversities faced by the Americans over the years. However, the Great Depression is believed to be have triggered by the previous crash associated with the stock market. Thus, the precise economic events portray deflations within the assets as well as commodity prices, as well as dramatic drops within demands and credits, in addition to the disruption of trade. Eventually, the events result in the widespread unemployment and thus poverty. Nonetheless, the causal relationship concerning several events as well as the government economic policies tends to cause or ameliorate the Depression.