The chapter explains that the causes of the Great Depression were primarily political and financial. Put these contributing events. European governments borrowed heavily from the United States.The American Stock market collapsed, resulting in bank failures and global financial turmoil. When the United States loans dried up, European banks began to fail. Rebuilding was a struggle; some nations stifled growth by cutting spending, while Germany opted to print more, causing hyperinflation. The Versailles Treaty required Germany to pay a significant war debt.