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The Wall Street Crash of 1929 was primarily caused by a combination of excessive speculation, overleveraged investments, and a lack of regulatory oversight in the Stock Market. As stock prices soared to unsustainable levels, investors began selling off shares, leading to panic and a rapid decline in stock values. Additionally, economic weaknesses such as declining consumer spending and an agricultural recession further contributed to the market's collapse. The crash ultimately triggered the Great Depression, a severe global economic downturn.

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AnswerBot

2mo ago

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