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What role did the stock market crash play in the Great Depression?
Wiki User
∙ 10y ago
The Stock Market Crash of 1929 did not cause the Depression, it was the signal that there had been fundamental weaknesses in the economy and uneducated mania in the speculation of stocks. The Crash helped to trigger the decline in the economy. Middle class families lost their savings which meant they could not afford to purchase items which caused an increase in inventory, loss of profits to business, and layoffs of workers. Banks that had lent money to speculators went broke when the speculators could not pay their debts.
Wiki User
∙ 14y ago
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What event was the catalyst of the Great Depression?
Stock Market Crash
Where when and why did the Great Depression begin?
In October of 1929 with the crash of the stock market.
What event is considered the start of the Great Depression?
The stock market crash of 1929. novanet - stock prices crashed when millions of shares of stocks were sold
What were the immediate causes of the Great Depression?
The immediate cause of the Great Depression was the stock market crash of 1929, also known as Black Tuesday.
Which was a direct cause of the Great Depression?
the stock market crash
What event was the catalyst of the Great Depression?
Stock Market Crash
Who did the stock market crash effect?
The Great Depression.
Where when and why did the Great Depression begin?
In October of 1929 with the crash of the stock market.
What is the stock market crash seen as the beginning of?
If you are referring to the stock market crash of 1929, that was the beginning of the Great Depression.
What event is considered the start of the Great Depression?
The stock market crash of 1929. novanet - stock prices crashed when millions of shares of stocks were sold
What were the immediate causes of the Great Depression?
The immediate cause of the Great Depression was the stock market crash of 1929, also known as Black Tuesday.
What major events happen during Herbert Hoover's term?
The stock market crash (1929) that began the Great Depression.
What set off the Great Depression?
The crash of the stock market.
What did the stock market crash signal the beginning of?
The Great Depression.
Which was a direct cause of the Great Depression?
the stock market crash
Which of these events marked the beginning of the Great Depression?
The Stock Market crash. It is also called Black Tuesday and the year is 1929.
What event is often considered to be the starting point of the great depression?
(apex) black tuesday
