nikkos
nikkos nikkos
  • 16-02-2021
  • English
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Explain how the Wall Street Crash led to The Great Depression

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mayram123
mayram123 mayram123
  • 16-02-2021

Answer:

The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly half of America's banks had failed, and unemployment was approaching 15 million people, or 30 percent of the workforce.  Hope I helped! Have a great rest of your day! :)

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