Answered

Which of the following contributed to the stock market crash in 1929?
Select all that apply.
A
Britain raising interest rates
B
Smoot-Hawley Tariff
C
debts incurred during World War I
D
speculative buying of stocks



Answer :

GinnyAnswer

Final answer:

The Smoot-Hawley Tariff, debts from WWI, and speculative stock buying all contributed to the 1929 stock market crash.


Explanation:

Contributions to the Stock Market Crash in 1929:

  1. Smoot-Hawley Tariff: The raised tariffs led to a reduction in world trade, affecting the global economy.
  2. Debts incurred during World War I: Countries faced huge debt payments, impacting their economic stability.
  3. Speculative buying of stocks: Excessive use of margin and inflated stock prices contributed to the market crash.

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