stock market crash depression quizlet

Was the 1929 stock market crash the cause of the depression Why or why not quizlet?

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Was the 1929 stock market crash the cause of the depression Why or why not?

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

Did the stock market crash caused the Great Depression quizlet?

October 29, 1929; the day the stock market crashed. It is a cause of the Great Depression because it is what made everyone lose there money. Increased productivity increases jobs for others and trickles down to lower class people.

What were the causes of the stock market crash and the Great Depression quizlet?

It was caused by stock brokers who called in the loans they had made to stock investors. This caused stock prices to fall, and many people lost their entire life savings as many financial institutions went bankrupt.

What caused the crash of 1929 and the Great Depression?

The main cause of the Wall Street crash of 1929 was the long period of speculation that preceded it, during which millions of people invested their savings or borrowed money to buy stocks, pushing prices to unsustainable levels.

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