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Sagot :
The main factor that led to the stock market crash of 1929 was the inflated and baseless valuation of companies in the stock market, based on unwarranted optimism.
Answer:
Which of these factors led to the stock market crash of 1929?
Explanation:
The factor that led to the fall of the Stock Exchange in 1929 began with banks, ending in a global economic crisis.
The banks, began to reject orders of loans that had houses as collateral, and with this many had to sell their houses to pay mortgages that could not pay.
With the houses falling in price, the "real estate bubble" broke out in a short period of time.
They also fell: National income, tax revenues, corporate profits and prices. International trade declined, and unemployment increased.
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