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.
False
The decision was made by president Harry S. Truman.
This is something that you need your opinion on! But the question is talking about Washington’s farewell address which is right below
In his farewell Presidential address, George Washington advised American citizens to view themselves as a cohesive unit and avoid political parties and issued a special warning to be wary of attachments and entanglements with other nations.
