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How Did The Stock Market Crash Lead To The Great Depression

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How Did The Stock Market Crash Lead To The Great Depression
The 1920’s was a prosperous time for lots of Americans which ended with The Great Depression. The Stock Market Crash and Bank Failures led to the Great Depression. The Stock Market Crash of 1929 caused banks to fail and was a crucial part of leading to the economic depression. The stock market started to decline as companies told the public inaccurate information about the growth of companies leading for more people to invest in companies leading the companies to believe they were growing even more. This loop caused the stock market to start declining slowly at first. Then, on October 24 the stock market had a major decline, investors traded 12,894,650 shares. Companies tried to stabilize the markets by buying up large amounts of stocks.
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