How did the Great Depression begin?
(1 point)
Responses
Investors began to worry the boom would end and began selling stocks.
Investors began to worry the boom would end and began selling stocks.
Investors paid back their loans too late to help the economy.
Investors paid back their loans too late to help the economy.
People were not willing to sell their stock.
People were not willing to sell their stock.
Farmers had to sell stock to pay for farm equipment.
Farmers had to sell stock to pay for farm equipment.
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1 answer
The correct answer is "Investors began to worry the boom would end and began selling stocks." This is because the Great Depression began with the stock market crash in October 1929, where investors lost confidence in the market and started selling their stocks. This led to a rapid decline in stock prices, which triggered a chain reaction of economic downturns and widespread unemployment.
5 answers