contestada

Give one reason for the collapse of the american economy which led to the great depression?

Respuesta :

Answer:

The Stock Market Crash of 1929

Explanation:

The stock market crash of 1929 was a four day collapse that began in 1929. The Stock market crash lost the equivelent of $396 billion today. It destroyed confidence in the Wall Street markets and led to the great depression.

Answer:

The Stock Market Crash of 1929

Explanation:

  • The stock market crash of 1929 affected a series of circumstances that rushed the United States into the largest, most difficult economic disaster of its history.
  • It is very oversimplified to see the stock market crash as the only basis of the Great Depression.
  • A strong economy can grow from such a reduction.