Respuesta :
Following the March 1929 stock market panic, Americans continued to participate in the stock market because as in option (d), they were so in debt, the only way they could think of recouping their losses was with a major stock market gain."
Why was the 1929 stock market crash significant?
(1) The stock market crash of 1929 devastated American economic confidence, resulting in significant cuts in expenditure and investment.
(2) In the early 1930s, banking panics caused many banks to fail, reducing the amount of money available for loans.
While the 1929 crash slowed economic activity, its effects dissipated after a few months, and by the fall of 1930, a recovery appeared to be on the way.
Then, troubles in another part of the banking system pushed what should have been a brief, sharp recession into the longest and darkest downturn in our country's history.
Asa a result, option (d) is the correct example of 1929 stock market crash.
Check out the link below to learn about the 1929 stock-market crash;
https://brainly.com/question/20514636
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