Question

Give one reason for the collapse of the american economy which led to the great depression?

Answer 1

The Stock Market Crash of 1929

Step-by-step explanation:

The stock market crash of 1929 was a four day collapse that began in 1929. The Stock market crash lost the equivelent of $396 billion today. It destroyed confidence in the Wall Street markets and led to the great depression.

Answer 2

The Stock Market Crash of 1929

Step-by-step explanation:

• The stock market crash of 1929 affected a series of circumstances that rushed the United States into the largest, most difficult economic disaster of its history.
• It is very oversimplified to see the stock market crash as the only basis of the Great Depression.
• A strong economy can grow from such a reduction.