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sergiy2304 [10]
3 years ago
14

How did stock mark activity on October 29, 1929, contribute to the great depression?

History
1 answer:
Free_Kalibri [48]3 years ago
6 0

♡ The Question ♡    

-How did stock market activity on October 29, 1929, contribute to the Great Depression?    

* ୨୧ ┈┈┈┈┈┈┈┈┈┈┈┈ ୨୧*    

♡ The Answer ♡    

-Stock prices dropped quickly and dramatically, leaving investors with less money to repay loans.    

*୨୧ ┈┈┈┈┈┈┈┈┈┈┈┈ ୨୧*    

♡ The Explanation/Step-By-Step ♡    

-The stock market crash of October 1929 resulted in many loan defaults, contributing to the start of the Great Depression.    

*୨୧ ┈┈┈┈┈┈┈┈┈┈┈┈ ୨୧*    

♡ Tips ♡    

-No tips provided!

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