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The Great Depression

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Al Leuschke

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3y ago

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What did severe drought stock speculation and bank crisis lead to?

The Great Depression


What did severe drought stock speculation and banking crises lead to?

Severe drought, stock speculation, and banking crises contributed to the economic turmoil of the Great Depression in the 1930s. The drought devastated agricultural production, leading to widespread crop failures and food shortages, which exacerbated economic instability. Stock speculation inflated asset prices, resulting in a market crash when the bubble burst, while banking crises undermined public confidence and led to bank failures. Together, these factors created a vicious cycle of economic decline, unemployment, and social hardship.


What describes stock speculation?

speculation is a gamble that the price of the stock will increase and an investor will make money.


Which of the following describes stock speculation?

speculation is a gamble that the price of the stock will increase and an investor will make money.


What does stock speculator means?

A Stock market speculation means - Predicting the price of a market entity (A Stock for example) in future. If the speculation is positive, we buy. If our speculation is negative, we don't bye or sellbuy low sell high


How would you use the word speculation in a sentence?

he knew the stock was a speculation when he bought it


What does market speculation mean?

A Stock market speculation means - Predicting the price of a market entity (A Stock for example) in future. If the speculation is positive, we buy. If our speculation is negative, we don't bye or sellbuy low sell high


What is buying on speculation?

the way you would buy on speculation was you would play the stock market


What describes speculation?

speculation is a gamble that the price of the stock will increase and an investor will make money.


What is stock speculation?

A Stock market speculation means - Predicting the price of a market entity (A Stock for example) in future. If the speculation is positive, we buy. If our speculation is negative, we don't bye or sellbuy low sell high


What was the dangerous stock speculation?

stock prices would decline and investors would lose money


How did the stock market crash provoke a banking crisis?

The stock market crash of 1929 led to a significant decline in asset values, causing widespread panic and a loss of confidence among investors and depositors. As stock prices plummeted, banks that had heavily invested in the market faced enormous losses, leading to insolvency for many. Consequently, depositors rushed to withdraw their funds, triggering bank runs and forcing banks to close, further exacerbating the financial instability. This crisis eroded trust in the banking system and contributed to a broader economic depression.