Respuesta :

the answer should be excessive credit expansion

Answer:

Which of these factors led to the stock market crash of 1929

Explanation:

The factor that led to the fall of the Stock Exchange in 1929   began with banks, ending in a global economic crisis.

The banks, began to reject orders of loans that had houses as collateral, and with this many had to sell their houses to pay mortgages that could not pay.

With the houses falling in price, the "real estate bubble" broke out in a short period of time.

They also fell: National income, tax revenues, corporate profits and prices. International trade declined, and unemployment increased.

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