One of the causes of the Wall Street Crash began throughout the 1920’s. During the 1920’s there was much inequality in the USA. The distribution of wealth was not even and so although many people were rich, more than half of the people in the United States were very poor. There was a big gap between rich and poor. No matter how easy it was to buy goods, – hire purchase - the poor simply could not afford to buy many of them.

In conclusion, there were several causes leading to the Wall Street Crash in 1929. It all started during the 1920’s with the problems of bad distribution of wealth and overproduction. In addition to that products could not be exported, and investors were too confident in buying shares even when borrowing money was needed. However, although all this did influence a great deal in causing the share prices to fall, the greatest cause of the Wall Street Crash in my opinion was the panic that took over investors once the stock market had started to drop. They could not afford losses and therefore sold when the market began to fall. This therefore forced even further the prices to go down.

A vital cause to the Wall Street Crash was the over-confidence and panic that took over speculators and most of the American population. Speculators used the stock market as a form of gambling. They used to use the stock market to earn large amounts of money. What they would do was buy a share for a certain price and then sell it a few months later for a much higher

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