Which economic development closely followed the stock market crash of 1929?

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03-02-2021
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Which economic development closely followed the stock market crash of 1929?

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Alexander7895 Alexander7895 · Answer 1 · 2021-02-10T08:14:32-05:00

Alexander7895 Alexander7895

10-02-2021

Explanation:

The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly half of America's banks had failed, and unemployment was approaching 15 million people, or 30 percent of the workforce.

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