Answered

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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


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