3 years ago

Which market force contributed to the market crash?

History

1 answer:

anygoal [31]3 years ago

5 0

Explanation:

Among the more prominent causes were the period of rampant speculation (those who had bought stocks on margin not only lost the value of their investment, they also owed money to the entities that had granted the loans for the stock purchases), tightening of credit by the Federal Reserve (in August 1929 the discount ...

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