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