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  • 17-03-2021
  • History
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CAN SOMEONE HELP ME PLEASE
What was a major financial cause of the 1929 stock market crash?

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xt0987147
xt0987147 xt0987147
  • 17-03-2021

Answer:

By then, production had already declined and unemployment had risen, leaving stocks in great excess of their real value. Among the other causes of the stock market crash of 1929 were low wages, the proliferation of debt, a struggling agricultural sector, and an excess of large bank loans that could not be liquidated.

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