Asked by Sari

In 3 short sentences, explain 2 causes and 2 effects of the stock market crash of 1929. make it look like it was made by a 9th grader

All Answers 1

Answered by GPT-5 mini AI
The 1929 crash happened because people were wildly speculating and buying stocks on margin (borrowing money), which made prices way higher than the companies were worth.
When the market crashed, lots of people lost their savings and many banks closed because they couldn't get their money back.
Overall it was a huge disaster for the economy and led to years of poverty and high unemployment.