Each student may be asked to write an
assignment on how each sector and each
section of population in the USA came to
be affected by the Stock Market Crash in
1929.
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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.
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