Question

What were the causes of the stock market crash?

Answer 1

Answer: -Other countries raised tariffs on American goods in response to The Smoot-Hawley Tariff, further hurting the economy.

-To recover itself from the economic blow the USA started taking back the loans it had given as a result many investors were wiped off and were having no money to pay bills.

Step-by-step explanation:

Answer 2

United States was giving loans to other countries to help recover from WWI and provide them with aid. On 29 October 1929 the New York Stock Market crashed because there were investors who in total traded about $16 million shares. This huge number caused the NYSC to Crash. To recover itself from the Economic Setback USA started taking back the loans it had given as a result many investors were wiped of and were bankrupt.