People refused to buy cars, homes, and appliances did not influence the stock market crash of 1929.
Stock market crash in 1929
The stock market Crash of 1929 was also called the Great Crash happen to be a major American stock market crash which happened in the autumn of 1929. It started in September and came to an end around late ended October, when share prices on the New York Stock Exchange collapsed or declined.
Some of the causes of Stock market crash include;
Decline in production, Rise in unemployment, leaving stocks in great excess which have great value, Low wage, decline in agricultural production, proliferation of death and so on.
Therefore,People refused to buy cars, homes, and appliances did not influence the stock market crash of 1929.
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