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6 December, 21:56

What caused the U. S. stock market to crash in 1929?

A. There was a financial panic after investors were unable to repay loans to brokers.

B. High tariffs raised prices, which crippled world trade.

C. Banks across the country were forced to close.

D. A large drought caused defaults on farm mortgages.

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Answers (1)
  1. 6 December, 22:07
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    The answer is A because no one could pay back their loans especially investors.
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