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Explain the events that led to the stock market's Great Crash in 1929.

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User Sorceror
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1 Answer

4 votes

Answer:

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.

Step-by-step explanation:

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User Brian Behm
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