why did the us stock market crash in 1929 weegy

why did the us stock market crash in 1929 The US stock market crash in 1929 because of the low wages,the proliferation of debt, [ a struggling agricultural sector and an excess of large bank loans that could not be liquidated. ]

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What exactly caused the stock market to crash in 1929?

Other nations closed their own stock trading in fear that the same would happen to them. The US stock market crashed in 1929 affect other nations because many nations relied on US investment capital that dried up after the crash.

Which situation helped cause the stock market crash of 1929?

Sep 17, 2021 · War immediately broke out between many nations after the crash. B. The United States soon refused to trade with other nations after the crash. C. Many nations relied on US investment capital that dried up after the crash. D. Other nations closed their own stock trading in fear that the same would happen to them. The US stock market crash in 1929 affect other …

Which of these factors led to the stock market crash of 1929?

1 day ago · Original conversation. User: What name was given to the long economic downturn that began with the stock market crash of 1929? Weegy: The Great Depression was given to the long economic downturn that began with the stock market crash of 1929. Score 1. User: What united nations branch serves as the executive branch ?

What was the significance of the 1929 stock market crash?

The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking ...

What was the cause of the 1929 stock market crash?

Most economists agree that several, compounding factors led to the stock market crash of 1929. A soaring, overheated economy that was destined to one day fall likely played a large role.

Why did the stock market crash make the situation worse?

Public panic in the days after the stock market crash led to hordes of people rushing to banks to withdraw their funds in a number of “bank runs,” and investors were unable to withdraw their money because bank officials had invested the money in the market.

What was the economic climate in the 1920s?

Additionally, the overall economic climate in the United States was healthy in the 1920s. Unemployment was down, and the automobile industry was booming. While the precise cause of the stock market crash of 1929 is often debated among economists, several widely accepted theories exist. 17. Gallery.

What was the worst economic event in history?

The stock market crash of 1929 was the worst economic event in world history. What exactly caused the stock market crash, and could it have been prevented?

Why did people buy stocks in the 1920s?

During the 1920s, there was a rapid growth in bank credit and easily acquired loans. People encouraged by the market’s stability were unafraid of debt.

When did the Dow go up?

The market officially peaked on September 3, 1929, when the Dow shot up to 381.

Who was the bankrupt investor who tried to sell his roadster?

Bankrupt investor Walter Thornton trying to sell his luxury roadster for $100 cash on the streets of New York City following the 1929 stock market crash. (Credit: Bettmann Archive/Getty Images) Bettmann Archive/Getty Images.