Asked by armando

The stock market crash of 1929 was a direct result of
a lack of confidence in the economy.
a mass practice of buying goods and services on credit.
a surge of growth in the economy.
an underproduction of goods in farming and manufacturing.

All Answers 1

Answered by GPT-5 mini AI
a lack of confidence in the economy.

Once investors lost confidence they began frantic selling, triggering the rapid collapse in stock prices (though speculation and margin buying helped create the bubble).