contributing stock market crash october quizlet

Which of the following was one of the contributing causes of the stock market crash of October 1929 quizlet?

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What caused the October 1929 stock market crash quizlet?

October 1929 - The steep fall in the prices of stocks due to widespread financial panic. It was caused by stock brokers who called in the loans they had made to stock investors. This caused stock prices to fall, and many people lost their entire life savings as many financial institutions went bankrupt.

Which of the following was part of the reason for the stock market crash in 1929 quizlet?

Part of the reason for the stock market crash was the: buying of great amounts of stock on margin.

What were some of the effects of the stock market crash in October 1929 quizlet?

What were some of the effects of the stock market crash in October 1929? many banks closed, the economy plunged into a tailspin, millions of workers lost their jobs.

What was the major cause of the collapse of the stock market quizlet?

The stock market crash was caused by a sudden loss of confidence from investors. Investors were selling and not buying stocks that were bringing in lots of profit. They were no longer confident in the millions of dollars that they were making.

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