Collapse of the stock market, Loss of consumer confidence, Failure of banks were some reasons for the Great Depression
What was the great depression?
The great depression was the worst economic disaster in the U.S. from the period 1929 to 1939. It began after the crash of stock market, it created panic in Wall Street and mobbed millions of investors, increased unemployment up to 30% of workforce.
The stock market crashed because of due to bullish mindset of everyone, not only the individual investors and businesses, but the banks also have invested money of the depositors in the market without their permission or knowledge. So when the market fell it lead to loss to every investor. This resulted in failure of the banking system of the country.
Therefore, it can be said that option B was one of the reason for the Great Depression.
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