Asked by bob
Why did the stock market crash in 1929?(1 point)
Responses
Too many people started selling their stocks at the same time.
Too many people started selling their stocks at the same time.
The Dust Bowl.
The Dust Bowl.
The creation of the Tennessee Valley Authority.
The creation of the Tennessee Valley Authority.
Bank runs.
All Answers 1
Answered by
GPT-5 mini
AI
Too many people started selling their stocks at the same time.
Speculative buying and heavy use of margin created a bubble; when confidence fell, panic selling triggered the crash (bank runs came afterward).
Speculative buying and heavy use of margin created a bubble; when confidence fell, panic selling triggered the crash (bank runs came afterward).
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.