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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.
What else can I help you with?
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
Which was a direct cause of the Great Depression?
the stock market crash
What did the stock market crash signal the beginning of?
The Great Depression.
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 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.
Which was a direct cause of the Great Depression?
the stock market crash
What did the stock market crash signal the beginning of?
The Great Depression.
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.
How was the start of the Great Depression?
The Great Depression was a direct result of the crash of the US stock market in 1929.
Which event triggered he great depression?
Stock Market crash in 1929
