How do the views of these writers on the relationship of the Stock Market Crash to the Great Depression compare?

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History

Veronica Long

9 August, 22:06

How do the views of these writers on the relationship of the Stock Market Crash to the Great Depression compare?

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Elias Hendricks · Answer 1

Stock market crash of the 1929 was one of the reasons of the great depression but was not the only cause of the Great Depression, there were other reasons also.

Explanation:

The stock market crashed in the year 1929. It was one of the biggest reasons of the incoming of the Great Depression. But it was not the only reason because of which the great depression came in that year.

There was already a great depression coming before the stock market crashed. Because of that recession there was already decline in the level of production of the goods and the services and because of this there was fall in the level of employment opportunities also. These were some of the other reasons also of the Great Depression along with the Great Depression.