Question

What were some of the reasons for the stock market crash of 1929?

Answer 1

Multiple Reasons

Explanation:

Too many rethdrawls of money, frantic people wanting to secure there money causing a havoc of the system. The amount of real estate loss caused othe rproblems to. During a consruction of a real estate property they built to many expseive houses and not enough people buying them ontop of that a hurricane happend that caused all the real estate to be detroyed causing the investors to be broke. The dust bull also caused loss in crops which was what part of the stock market was absed on.

Answer 2

It was primarily caused by stock brokers who called in the loans they had made to stock investors. This caused stock prices to fall, and many people lost their entire life savings as many financial institutions went bankrupt.