system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5:What would've happened if people did not panic during the Great Depression?

I'm sorry but I'm pretty clueless about how economics works but I think I got the gist of what happened during the Great Depression.

My question is what would've happened if people did not panic and take out their money from the banks. Would the depression still have happened?
gpt
Yes and no. There wouldn't have been such an intense depression but it wouldn't necessarily been a good economic time. There was a rise in unemployment, overproduction, overproduction, and the introduction of the credit card leading up to the great depression that sparked the rough economic time period. When the stock market crashed in 1929, it was amplified by people selling their stocks in mass amounts trying to salvage what ever they could have.

Just to ELI5, yes there would have been a rough time but it was only amplified by the panic selling of the people.