They were unable to own homes
The reason that made immigration different in the time between the year 1860 and 1920 that in previous years is that the immigrants are likely or tend to be more from the Southern and as well as the Eastern Europe that made it different compared before.
The rise in oil, steel, and manufacturing goods
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.