History, asked by cutybabystar219, 11 months ago

What were the causes of the great crash of 1929?

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Answered by preetgoswami44
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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
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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.

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