Causes of the Great Depression Outline

To what extent was the Wall Street Crash a cause of the Great Depression of 1929? Support your argument with specific examples.

Thesis: The Wall Street Crash did help to cause the Great Depression, but agriculture, industry, and consumers using credit helped to cause the Great Depression as well.
I. Farmers and agriculture
a. took out loans from banks to spread their land or get newer equipment
i. after WWI demand for food dropped so they weren't getting the money they needed to pay off the loans from the banks
b. Prices rose and they weren't able to sell them to consumers
II. Older industries went out of business
a. fewer people were using railroads as a way of transportation
i.new ways of transportation such as trucks, cars, and buses made railroads go out of business
b. people weren't buying from these industries
i. the companies then had to fire people
ii. but it only made things worse because then those laid-off people didn't have enough money to buy things either
III. Consumers used credit to buy stuff
a. it was easy to obtain and use
i. industries and etc. wanted people to buy even if they did use credit they urged people to use credit
b. they bought stalks but when the it crashed they lost their money which they didn't even have so it wasn't even able to pay it or get it back.
IV. Wall Street Crash
a. it was the cover to the cup that plunged America into the Great Depression
i. agriculture, industry, and consumers with credit helped to cause the Wall Street Crash
ii. there was so much debt from people not paying off their loans, credit, and etc.
b. people saw that the worth of the stalks were going down so they tried to quickly pull out or sell their shares
i. increased the Wall Street plunge because there was more selling than buying
Conclusion: As one can see, the Wall Street Crash was part of the cause of the Great Depression, but it wasn't solely the cause of it agriculture, industry, and consumers all helped to cause the Great Depression.