Answered

Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Question 21 of 25

Which of these was a lasting effect of the stock market crash?

A. There were new forms of money.
B. The market recovered quickly.
C. The cost of living went down.
D. The country experienced a prolonged economic downturn.

Sagot :

GinnyAnswer

Final answer:

The stock market crash of 1929 had lasting effects on consumer confidence, business investment, and exposed underlying issues in the American economy.


Explanation:

One lasting effect of the stock market crash was the reduction in consumer confidence and business access to investment. This led to job cuts, bankruptcies, and reduced spending, creating a domino effect throughout the economy. The crash also exposed underlying issues in the American economy such as rising inequality, declining demand, and overextended investors.


Learn more about Stock Market Crash of 1929 here:

https://brainly.com/question/30562499


We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.