Causes of the Stock Market Crash:
- Margin buying
- Increased money supply
- Speculation
- $14 billion lost in a single day
Effects of the Stock Market Crash:
- Many banks failed
- Stock market lost more than half of its value
- Lower rates and requirements
- Investors lost stocks and life savings in minutes
Drag and drop the factor under the correct column. (8 points)
Causes of the Stock Market Crash Effects of the Stock Market Crash
:: margin buying
:: many banks failed
stock market lost more than half of its value
increased money supply
:: lower rates and requirements
investors lost stocks and life savings in minutes
:: speculation
:: $14 billion lost in a single day
1 answer
1 answer