A drastic drop in stock prices in October 1929 signaled the beginning of the ___________.
a Great Depression
b New Deal
c New York Stock Exchange
d Emergency Relief Society
Answers
Answer:
it's (A) Great Depression
Explanation:
The Great Depression was the worst economic downturn in US history. It began in 1929 and did not abate until the end of the 1930s.
The stock market crash of October 1929 signaled the beginning of the Great Depression. By 1933, unemployment was at 25 percent and more than 5,000 banks had gone out of business.
Answer:
Here is your answer
Explanation:
The drastic drop in stock prices in October 1929 signalled the beginning of the Great Depression. (Option A)
The Wall Street Crash of 1929, also known as the Great Crash, was a major stock market crash that occurred in 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed.
It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects.[1] The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression.
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