On october 29, 1929, the stock market crashed in one of the worst financial panics in american history. the ensuing economic meltdown, know as the great depression, left americans thinking about what went wrong and how to ensure that it would never happen again.

True

The great depression was caused by several serious weaknesses in the economy. It began when the stock market crashed exposing the inherent weaknesses in the economy leading to loss of confidence and led to high levels of unemployment and low economic production