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Fofino [41]
2 years ago
9

Help me with this question please, what caused the crisis of 1929?

History
2 answers:
victus00 [196]2 years ago
6 0

Answer:

Some people believed that abuses by utility holding companies contributed to the Wall Street Crash of 1929 and the Depression that followed. Many people blamed the crash on commercial banks that were too eager to put deposits at risk on the stock market.

Explanation:

sammy [17]2 years ago
4 0

Answer:

By then, production had already declined and unemployment had risen, leaving stocks in great excess of their real value. Among the other causes of the stock market crash of 1929 were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated.

Hope this helped, put this in your own words, I got it directly from Google.

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