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Law Incorporation [45]
2 years ago
13

What was a result of the bank failures that followed the stock market crash in 1929

History
2 answers:
pav-90 [236]2 years ago
7 0

Answer:

what was a result of the bank failures that followed the stock market crash in 1929

Explanation:

<em><u>The result of the fall of the Stock Exchange in 1929 were</u></em>: <u>The Great Depression, and an economic crisis worldwide</u>.

<u>The cause of the Great Depression was due to the crisis that originated in the United States, from the fall of the Wall Street stock market of 1929</u>.

<em><u>But the problem was not only in New York, this moved to almost every country in the world as a domino effect. </u></em>

<em><u /></em>

HACTEHA [7]2 years ago
5 0
I believe the answer is the great depression and the president at the time was Franklin Roosevelt
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The entry of the United States was the turning point of the war, because it made the eventual defeat of Germany possible. It had been foreseen in 1916 that if the United States went to war, the Allies' military effort against Germany would be upheld by U.S. supplies and by enormous extensions of credit.

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