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One factor that contributed to the crash of the stock market and the Great Depression

2 Answers

2 votes

Answer:

Buying and selling stocks that was not based on real money.

Step-by-step explanation:

The primary cause of the crash of the stock market in 1929 was because everyone had been buying stocks on credit and not using real money. When the people and the banks started asking for the money they had loaned to be paid, no one had enough money.

User Vadim Bulavin
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3 votes

Answer: There were many causes of the 1929 stock market crash, some of which include overinflated shares, growing bank loans, agricultural overproduction, panic selling, stocks purchased on margin, higher interest rates, and a negative media industry.

Step-by-step explanation:

User Rahul Iyer
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