1. What caused the Wall Street Crash?
The American stock market, where shares are bought and sold, is on Wall Street, in New York. In 1928, share prices were still going up. Most people were still confident about the economy. President Hoover told the Americans that ... there was overproduction. With this, profits fell and share prices were also bound to fall. Another cause for the Wall Street Crash was that there was no export market for American goods. The government had put tariffs on foreign goods. Other countries did the same to the USA. They wanted to protect their very own market. This made ... American goods expensive abr...
- Word Count: 712
- Approx Pages: 3
- Grade Level: High School