One of the major causes of the stock market crash
of 1929 was
(1) excessive buying of stocks on margin
(2) overconsumption of goods and services
(3) failure of international banking systems
(4) low prices of stocks and bonds



Answer :

One of the major causes of the stock market crash of 1929 was "(1) excessive buying of stocks on margin" although it should be noted that there were several major factors.

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