And in all reality it was a chain of events and actions that caused the great depression due to capitalism. Of course there are multiple theories by economists who pinpoint what triggered it, but int all actually it was the symptoms of capitalism run wild, to much supply not enough demand, lack of government oversight on the financial sector, and people purchasing stocks, then dumping them all at once, along with the lenders lending money for stock purchases, then the buyers defaulting, and one big member bank run that triggered a economic failure in the capitalism system, and opened the door for the need of socialism. Just saying... And in a capitalist democracy society you can have it all as long as it operates ethically with oversight, rules, and checks/balances... But so far that has yet to be seen since war was struck in the middle east. So we have problems.