What were the factors that led to the stock market collapse on Black Tuesday?

A.

underproduction, lack of government regulation, and bank runs

B.

underproduction, too much government regulation, and bank runs

C.

overproduction, too much government regulation, and bank runs

D.

overproduction, lack of government regulation, and bank runs

Question

History

Zechariah Franklin

3 August, 23:24

What were the factors that led to the stock market collapse on Black Tuesday?

A.

underproduction, lack of government regulation, and bank runs

B.

underproduction, too much government regulation, and bank runs

C.

overproduction, too much government regulation, and bank runs

D.

overproduction, lack of government regulation, and bank runs

+2

Answers (2)

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Cochran · Answer 1

The factors that led to the stock market collapse on Black Tuesday include underproduction, lack of government regulation, and bank runs. Among the other causes of the eventual market collapse were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated.

Joe · Answer 2

Unemployment had risen, leaving stocks in great excess of their real value. Among the other causes of the eventual market collapse were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated.