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2.5.8-Quiz: Legacy of the Great Depression Quiz
U.S. History B/2. Great Depression / 2.5. Legacy of the Great Depression
B
I
In 3-5 sentences, explain 2 causes and 2 effects of the stock market crash of 1929.
(4 points)
IC
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Answer :

GinnyAnswer

Final answer:

The causes of the Stock Market Crash of 1929 were excessive use of margin and insider trading. The effects included massive investment loss and bank runs.


Explanation:

Causes of the Stock Market Crash of 1929:

  • Excessive use of margin to buy company shares
  • Insider trading and market manipulation

Effects of the Stock Market Crash of 1929:

  • Massive loss of investments
  • Bank runs, leading to a banking crisis

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