was it because of war which led to stock marcket crash?
2006-10-29 08:48:41 · 5 answers · asked by coolchess123 3 in Arts & Humanities ➔ History
Part of it was Europe coming back into the economy after the first world war and how the Allies and Germans re-acted. Alot of it was due to economic strain , not just in europe but in the US as well so yes the stock market crash was part of the causes of the Depression in the dirty thirties but it also had alot to do with international conditions and markets.
2006-10-29 08:52:12 · answer #1 · answered by Anonymous · 1⤊ 0⤋
The great Depression was the worst economic decline ever in the us history.
The main cause were unequal distribution of wealth and extensive stock market speculation.
Money was distributed unequally between the rich and middle- class,
between industry and agriculture within the u.s.a and between the us and Europe
may God bless you
2006-10-29 18:27:40 · answer #2 · answered by jan d 5 · 0⤊ 0⤋
10% down on margin accounts in the stock market
2006-10-29 17:23:38 · answer #3 · answered by For sure 4 · 0⤊ 0⤋
A pre-industrial economic system in an era of massive industrial expansion.
2006-10-29 16:57:22 · answer #4 · answered by novangelis 7 · 0⤊ 0⤋
Wartime and peacetime.During peacetime the worlds economy slows.In wartime it booms,everybody in war needs supplies.Just like whats happening now in the economy its booming.
2006-10-29 16:58:35 · answer #5 · answered by Leonidas P 2 · 0⤊ 0⤋