Stock Market Crash. Discussion assignment. History Coursework (Coursework Sample)
The stock market crash did not "cause" the Depression. Discuss the different causes of the Depression. Which do you believe had the biggest impact on the economy?
This is a discussion assignment.
Stock Market Crash
While the 1929 stock market crash was not the leading cause of the Great Depression, it accelerated the collapse of the global economy. The U.S. stock market of the 1920s had undergone a significant expansion hitting its highest point in August 1929. By this time, there was high unemployment rate and low production, which left stocks in serious excess of their real value.
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