What were two DIFFERENT factors that contributed to the starting of the Great Depression in America? Please explain how they led

Question

erastovalidia [21]

4 years ago

6

What were two DIFFERENT factors that contributed to the starting of the Great Depression in America? Please explain how they led

to disaster.

History

1 answer:

solniwko [45] · Answer 1 · 2021-11-17T07:09:22+03:00

1) Stock market crash.

2) Consumer spending and investment dropped.

Explanation - After a stock market crash of October 1929, Wall Street was sent into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.

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