asked 208k views
11 votes
PLEASE HELP ASAP

What caused the market crash in 1929? Describe how people lost their life's savings within a span of days.

asked
User Amgando
by
8.6k points

1 Answer

7 votes

Answer:

Among the other causes of the stock market crash of 1929 were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated

Step-by-step explanation:

answered
User Jeffpowrs
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.