History, asked by anjusoni4163, 4 months ago

how did the economic crisis start in USA​

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Answered by XxMISSqueenxX
1

Answer:

In USA, it began with the crash of the Wall Street Exchange in 1929, when USA could not recover back loans. Fearing a fall in price, people made frantic efforts to sell their shares. On a single day, 13 million shares were sold.

Answered by mdasifraza006
0

Answer:

Jul 30, 2018 by aditya23 (-2,145 points)

In USA, it began with the crash of the Wall Street Exchange in 1929, when USA could not recover back loans. Fearing a fall in price, people made frantic efforts to sell their shares. On a single day, 13 million shares were sold. Factories shut down, banks became bankrupt, exports fell, farmers were badly hit, leading to unemployment.

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