... to believe that the market would continue to be strong, which could be one of the causes of the crash.. After the crash, production fell nearly 50% from the business cycle peak in August 1929 to March 1933. Meanwhile, the overall price level of stocks dropped by about 1/3. Many people blamed the crash for the economic collapse. Some people held responsible, fairly ... ...

• Word Count: 1262
• Approx Pages: 5
• Grade Level: High School