140k views
5 votes
In 1929, unresolved economic issues led to an increase in consumer demand. a stock market crash. a stock market boom. an increase in the production of goods.

2 Answers

4 votes
The stock market crash because the stock market crashed in 1929 causing the Great Depression
User Dmitry Nedbaylo
by
6.5k points
4 votes

Answer: a stock market crash.

Following the rapid economic expansion of the United States in the 1920s, the stock market crash of 1929 began the era known as the Great Depression. Billions of dollars were lost when "Black Tuesday" (October 29, 1929) hit Wall Street. Although prices recovered slightly after that day, prices continued to drop steadily in subsequent years, and by 1932, stocks were worth only about 20% of their value before the crash. Although the Great Depression was not only caused by the stock market crash, it did accelerate the economic collapse.

User Cweiske
by
7.2k points