133k views
1 vote
20 PIONTS!!!!!

How did Lack of federal regulation of the stock market lead to the stock market crash?
(just answer in a small paragraph)

User Mistiru
by
3.1k points

2 Answers

3 votes
Because it got too regulated to the point of crash, it got too controlled by the government and not by the people resulting in crash.
User Stereoscott
by
3.8k points
3 votes

Answer:o

Step-by-step explanation:

The lack of regulation was primary to the crash of the stock market. Investors bought over-priced stocks and prices soared even father. Investors lost everything due to their unwise purchase of overpriced stocks. Banks were nearly without regulation, and their aggressive foreclosure policy ruined the least wealthy of the country.

User Zeshan Munir
by
2.8k points