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.
Answer:
The Founding Fathers, the framers of the Constitution, wanted to form a government that did not allow one person to have too much authority or control. While under the rule of the British king they learned that this could be a bad system.
There was a split Government with a federalist president and democratic republic Vice President
