The stock market crash in 1929 led to the beginning of extensive regulation of corporations.

Question

Quizplus · Accepted Answer

The stock market crash in 1929 resulted in the Great Depression and laid bare the problems with unregulated capitalism. As a result, extensive regulation of corporations, including the establishment of the Securities and Exchange Commission (SEC) and the enactment of the Securities Act of 1933 and the Securities Exchange Act of 1934, were put in place to prevent similar economic disasters in the future.

The Stock Market Crash in 1929 Led to the Beginning