History, asked by nayangowdagsnayangow, 12 hours ago

why were the years from 1924 to 1928 called as the years of depression?​

Answers

Answered by Gamers75
3

Answer:

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.

Hope it helped

Pls make this as Brainest answer

Answered by anukagurung38
0

Answer:

it is called as the ' years of depression ' because many countries suffered from economic slowdown .

Similar questions