Question

What caused the stock market crash that began in October 1929?

Answer 1

The stock market crash of 1929 was due to a market that was overbought, overvalued and excessively bullish, rising even as economic conditions were not supporting the advance.

Answer 2

Hello,

The Wall Street Crash of 1929 was the most devastating stock market crash in History of the United States.

The cause of the Wall Street Crash of 1929 was the Federal Reserve artificially lowering interest rates creating a 'boom' due to everybody borrowing.

Thanks,