What is great depression and what are its causes?
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✔✔✔✔Ur answer✔✔✔✔
✔1. Stock Market Crash of 1929✔
✔✔✔✔✔Many believe erroneously that the stock market crash that occurred on Black Tuesday________$________ October ✔✔29_____$________ 1929 is one and the same with the Great Depression. ✔✔✔✔✔✔✔✔In fact, it was one of the major causes that led to the Great Depression.☺☺☺☺☺☺☺☺
✔1. Stock Market Crash of 1929✔
✔✔✔✔✔Many believe erroneously that the stock market crash that occurred on Black Tuesday________$________ October ✔✔29_____$________ 1929 is one and the same with the Great Depression. ✔✔✔✔✔✔✔✔In fact, it was one of the major causes that led to the Great Depression.☺☺☺☺☺☺☺☺
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It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.
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