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What were the causes & consequences of the Wall Street Crash?
Title: What were the causes & consequences of the Wall Street Crash?
Category: Society & Culture / Education
Details: Words: 2078 | Pages: 8.8 (approximately 235 words/page)
What were the causes & consequences of the Wall Street Crash?
1) The economic boom in the 1920s contributed to the Wall Street Crash. America at the beginning of the 1920s was a rich and prosperous country and improving all the time. America had been relatively unaffected by World War 1, this resulted in the factories of America selling goods to Europe to make huge profits. The people in America had a lot of money, especially those living in the city, which had good jobs. Even the farmers …showed first 75 words of 2078 total…
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…showed last 75 words of 2078 total…worst consequence of the Wall Street Crash because of the devastation of millions of people's lives, with millions of people dead as well as billions of pounds of damage. So the crash let Hitler rise to power alongside other's such as Mussolini, Franco & Hirohito, which in turn created the biggest war the world had ever seen. So the Wall Street Crash didn't only affect America but affected the whole world in epic proportions.
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