The first main reason was most of the market was based solely on credit, which was stock that was purchased without actual cash, but purchased on credit.
The second factor was the massive pull out by many investors due to a panic that caused the Banks to attempt to purchase these stocks leading to a complete collapse in the market.
False.....hope it helped :)
They had no slave population
<h3>the percentage of the rocks on the earths surface that are sedimentary rocks is</h3><h3 /><h2><em><u>75 percent</u></em></h2><h2 />
<em>Sedimentary rocks make up 75 percent of the rocks at the earth's surface but only 5percent of the outer 10 miles of the earth. Sediment, as distinguished fromsedimentary rock, is a collective name for loose, solid particles and is generally derived from weathering and erosion of preexisting rock</em>
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Outlays for troop training, weapons, and munitions increased fifteen-fold from 1916 to 1918. In addition, the Treasury lent generously to US allies. Spending quickly outpaced tax revenues, and the Treasury mounted a series of war bond or “liberty loan” drives to raise additional funds.