How did the stock market contribute to the start of the Great Depression? It put new limits on stock purchases, which prevented Americans from expanding their wealth by investing. It continued to rise, eventually becoming too expensive for average people to buy. It allowed owners to sell too many shares, which made them lose control of their businesses to incompetent investors. It crashed, causing many Americans to lose a lot of money and fall into bankruptcy.

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History

Dennis Randall

23 May, 16:13

How did the stock market contribute to the start of the Great Depression? It put new limits on stock purchases, which prevented Americans from expanding their wealth by investing. It continued to rise, eventually becoming too expensive for average people to buy. It allowed owners to sell too many shares, which made them lose control of their businesses to incompetent investors. It crashed, causing many Americans to lose a lot of money and fall into bankruptcy.

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Bella Brewer · Answer 1

It crashed, causing many Americans to lose a lot of money and fall into bankruptcy

Explanation:

How did the stock market contribute to the start of the Great Depression? It crashed, causing many Americans to lose a lot of money and fall into bankruptcy.

The Great Depression was a worldwide economic depression that lasted 10 years which began after the stock market crash of October 1929, this lead into a panic in the Wall street and wiped out millions of investors that by 1933, nearly half of America's banks had failed, the stock market crash destroyed confidence in Wall Street markets and led to the Great Depression.