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In History / High School | 2025-07-07

What was a key factor in the 1929 market crash?
A. Increasing regulations
B. Rapid expansion of consumer credit and speculation
C. Global trade wars
D. Reduced market participation

Asked by koley18

Answer (1)

The 1929 market crash was primarily caused by the rapid expansion of consumer credit and speculation, leading to an unsustainable economic bubble. Investor optimism resulted in excessive borrowing and trading, which ultimately collapsed in October 1929. While other factors contributed, such as economic conditions and regulatory failures, speculation was the key driver. ;

Answered by GinnyAnswer | 2025-07-07

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