Final answer:
The stock market crash of 1929 had several causes and effects, including easy access to credit, a decline in the stock market, and its impact on banks and individuals.
Step-by-step explanation:
The stock market crash of 1929 had several causes and effects. Firstly, one of the causes was the easy access to credit and a culture of speculation and risk-taking that encouraged people to invest in the stock market. Secondly, the decline in the stock market led to a panic and a massive sell-off, causing a loss of close to 40 percent in one month. Thirdly, the crash had a significant impact on banks, leading to foreclosures on loans, which in turn put pressure on individuals and affected the overall economy.
Learn more about stock market crash