dinogirl2000or5cr5
dinogirl2000or5cr5 dinogirl2000or5cr5
  • 09-11-2017
  • History
contestada

Why did the stock market crash in October 1929?

Respuesta :

cjwilliams0901
cjwilliams0901 cjwilliams0901
  • 09-11-2017
it crashed because of the great depression 
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Moriahmakram
Moriahmakram Moriahmakram
  • 08-06-2020

Answer:

By then, production had already declined and unemployment had risen, leaving stocks in great excess of their real value. Among the other causes of the stock market crash of 1929 were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated.

Explanation:

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