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icang [17]
2 years ago
7

What was the Reasons for the start of the Great Depression

History
2 answers:
Elena L [17]2 years ago
7 0

Answer:

The beginning of the Great Depression can be traced to the stock market crash of Tuesday, October 29, 1929 (also known as "Black Tuesday"). The 1920s were a time of increased stock market speculation. Many people, not just wealthy investors, invested in the stock market hoping for high returns.

trapecia [35]2 years ago
3 0

Answer: It began after the stock market crash of October 1929, which sent Wall Street 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.

Explanation:

This is the site I got the info from: https://www.history.com › topics › great-depression-history

I hope this helps!

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