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How did the Stock Market Crash of 1929 contribute to The Great Depression and how big of an effect did it have?
Wiki User
∙ 9y ago
The Stock Market crash resulted in the loss of capital by businesses, and the loss of personal and investment income by individual stockholders. During the inflationary period of the 1920's, "paper fortunes" had built up, and many were bankrupted. Without investment, companies could not produce, and without production, employment could not be maintained. Many people became impoverished and were fortunate if they still could afford food and shelter.
The crash, therefore, kept the economy from escaping the depression sooner, by reducing both capital and jobs in most types of businesses.
a+ a declining real estate market
Wiki User
∙ 9y ago
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What was a long term effect of the stock market crash?
The long term effect of the Stock Market crash was followed by the Great Depression.
What was the effect of the stock market crash in the 1920s?
It was the beginning of the great depression. I believe its also known as "Black Tuesday."
Explain the domino effect which caused great depression?
The Stock Market Crash of 1929, had a domino effect when one incident knocked over the other making the entire economy to crash.
The stock market crash triggered the beginning of the Great Depression the worst economic crisis in US history Which factor did not contribute to the crash?
too many ordinary people owning stock
Do you think the nation would have experienced depression even if the stock market had not crashed?
Yes. The stock market crash did not cause the depression. Instead the economic crisis and the depression caused the stock market crash
Who did the stock market crash effect?
The Great Depression.
What was a long term effect of the stock market crash?
The long term effect of the Stock Market crash was followed by the Great Depression.
What was a result of the stock market crash farmers problems and the overuse of credit?
The country entered a depression as the result of the stock market crash.
What was a long-term effect of the stock -market crash?
Many banks were closed. The country entered into a depression.
What was long term effect of stock market crash?
Many banks were closed. The country entered into a depression.
What was the effect of the stock market crash in the 1920s?
It was the beginning of the great depression. I believe its also known as "Black Tuesday."
How did hobos connect to the Great Depression?
they didnt contribute to it too much, the main reason for the great depression was the stock market crash followed by lack of job availability, and the presidents "New Deal" Sorry that I cant give you a direct answer, but they didnt effect the great depression too much
Explain the domino effect which caused great depression?
The Stock Market Crash of 1929, had a domino effect when one incident knocked over the other making the entire economy to crash.
The stock market crash triggered the beginning of the Great Depression the worst economic crisis in US history Which factor did not contribute to the crash?
too many ordinary people owning stock
Do you think the nation would have experienced depression even if the stock market had not crashed?
Yes. The stock market crash did not cause the depression. Instead the economic crisis and the depression caused the stock market crash
What event was the catalyst of the Great Depression?
Stock Market Crash
What was a market during the great depression?
There was a Msrjet Crash during the great depression.
