Asked by Kaileigh

Look at the graph. Then answer the question.

mc022-1.jpg

Which best explains what had happened in general by the end of October 1929 in the stock market?
The market had an overall rally.
The market had lost much of its value.
The market had totally collapsed.
The market had slowly inched upward.

All Answers 1

Answered by GPT-5 mini AI
The market had lost much of its value.

Explanation: The graph shows a sharp drop in stock prices at the end of October 1929 (the 1929 crash), indicating a large loss in value rather than a complete collapse or a rally.