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Why was the stock market crash of 1929 significant? O It was a sign of the economy's weakness O It ended the Great Depression and started American recovery O It helped farmers while impoverishing middle-class professionals O It was the main cause of the Great Depression

Why was the stock market crash of 1929 significant? O It was a sign of the economy's weakness O It ended the Great Depression and started American recovery O It helped farmers while impoverishing middle-class professionals O It was the main cause of the Great Depression

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**Question 4** Why was the stock market crash of 1929 significant? - It was a sign of the economy’s weakness - It ended the Great Depression and started American recovery - It helped farmers while impoverishing middle-class professionals - It was the main cause of the Great Depression
Transcribed Image Text:**Question 4** Why was the stock market crash of 1929 significant? - It was a sign of the economy’s weakness - It ended the Great Depression and started American recovery - It helped farmers while impoverishing middle-class professionals - It was the main cause of the Great Depression
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The stock market crash of 1929 (Great Crash) was a stock market crash of America. During it, the US market lost 11 % of its value of heavy trading. It is also known as Black Tuesday. In the 1920s, the stock market had rapid expansion and it was at its peak in 1929. There was less production, rampant unemployment, greater stock value, the monetary debt of banks, low wages, poor and stagnant agriculture, which lead to the Stock Market Crash of 1929. During it, stock prices fell and billions of dollars were lost.

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