The Origins of the Great Depression The Great Depression that began in October of 1929 and lasted 10 years, is said to have many factors that play a role in the dramatic downfall of the economy. Although no economist has ever accurately explained why this disaster ever came about, economists have come up with a few events and actions that have come up with a few events and actions that have greatly contributed to it. The decade previous to the crash was exciting, care-free, and roaring. It is an ample opportunity to get rich quick and buy the technological luxuries that may have been unaffordable , but a