Question

The IMMEDIATE cause of the stock market crash before the Great Depression in 1929 was:

A. Frenzied buying of stocks on the open market.
B. Frenzied selling of stocks on the open market.

EXPLAIN WHY!

Answer 1

B

Step-by-step explanation:

Everyone was selling stocks because of the bank runs. People withdrawed money out of the banks, but the banks couldn't provide that much cash money, so in turn, the stocks were dropping because the banks were failing so everyone sold stocks so they didn't loose as much money.