What caused the stock market to crash in 1929?
- The banks of Wall Street stopped giving out loans to the people
- The prices if the stocks did not match the actual value that the companies were providing
- The sudden interference of the government in the economy
- The communist revolt in the New York Stocks Exchange
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Since October 15, the accumulation of sell orders had lowered the values; however, on October 24, the so-called Black Thursday, 13 million titles are put up for sale at a low price and are not available for purchase, causing the stock market to collapse.
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