The overall drop in stock prices that began in 1929 and continued through 1932 was due to:

Question

Quizplus · Accepted Answer

The panicked massive sale of stocks caused by the loss of confidence in the market and the fear of further economic decline was the main reason for the overall drop in stock prices during the Great Depression. This led to a domino effect where people pulled out their investments, resulting in a plummeting stock market.

The Overall Drop in Stock Prices That Began in 1929