History, asked by cutybabystar219, 1 year ago

What were the causes of the great crash of 1929?

Answers

Answered by preetgoswami44
0

The stock market crash of 1929 was not the sole cause of the GreatDepression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly half of America's banks had failed, and unemployment was approaching 15 million people, or 30 percent of the workforce.

Answered by Anonymous
0

Answer:

Explanation:

The stock market crash of 1929 was not the sole cause of the GreatDepression, but it did act to accelerate the global economic collapse of which it was also a symptom.

Hope thse helps u to understand my ans

Similar questions