The stock market crash is said to be one the major causes of the 1920s Great Depression in the United States of America.
Great Depression
Great Depression took place in the United States in the late 1920s.
It was a worldwide economic depression which the people suffered a lot. It was the worst and huge economic decline in history of the indutrialised world.
Some of the caused of the Great Depression were :
- crash of the stock market
- failure of government policies and banks
- collapse of the world trades
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