JSDonald
What was the economic climate at the time of the crash?
Wall Street Crash of 1929
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belanna
Replied to: What was the economic climate at the time of the crash?...
The 1920s saw a speculative boom that led many Americans to borrow money in order to buy stocks.
replied to: belanna
trmichaels
Replied to: The 1920s saw a speculative boom that led many Americans to...
Rising share prices encouraged more people to invest; speculation created more rises and led to the formation of an economic bubble.