a. high interest rates
History, 10.10.2019 09:30 bossboybaker
Which of these factors led to the stock market crash of 1929?
a. high interest rates
b. low tariff barriers
c. high taxes
d. excessive credit expansion
Answers
Answer from: shahedalahmad2017
The correct answer is D) excessive credit expansion.
The factors that led to the stock market crash of 1929 was excessive credit expansion.
The US stock market crash occurred on October 29, 1929. This black Tuesday led to what is known as the Great Depression that lasted until 1939. Stocks were in excess of their real value due to excessive credit expansion and the decline of production and high unemployment. After the stock market crash, people lost their jobs, many companies closed, and banks went into bankruptcy.
Answer from: Quest
answer; i believe its a
Answer from: Quest
a case involving the laws of a single state.
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You know the right answer?
Which of these factors led to the stock market crash of 1929?
a. high interest rates
a. high interest rates
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